Catch-up growth with alpha and beta decoupling and their relationships between CO2 emissions by GDP, population, energy production, and consumption

Khan, Rabnawaz

doi:10.1016/j.heliyon.2024.e31470

Cited by 2 publications

(4 citation statements)

References 154 publications

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“…Despite the challenge of "GDP", which results in environmental damage, the social impacts are typically less noticeable. The long-term effects of climate change, resource depletion, and environmental degradation jeopardize future generations [46,121,122]. To decouple economic activity from environmental impact, investments in green programs and technology may lead to employment losses in particular sectors.…”

Section: Discussionmentioning

confidence: 99%

“…Actions such as deforestation, overfishing, and dependence on fossil fuels, although boosting GDP, can worsen income inequality and societal problems [113]. Environmental deterioration from these practices can harm health through pollution, disturb traditional livelihoods, and endanger cultural heritage [46]. Furthermore, environmental influences can limit schooling and social mobility chances.…”

Section: Robust Least Squarementioning

confidence: 99%

“…In addition, REN sources have become more affordable in recent years, and the quality of REN technology has greatly improved due to significant investments in research and development [44,45]. Consequently, we anticipate that REN consumption will have a substantial impact on lowering CO 2 emissions, industrial industry energy consumption, and fossil fuel energy consumption once nations reach a certain REN consumption threshold [27,46]. This is because REN may not have much of an effect on CO 2 emissions at lower consumption levels due to high investment costs and storage issues.…”

Section: Introductionmentioning

confidence: 99%

“…Firstly, most of the earlier works on EKC (e.g., Refs. [46][47][48][49][50][51] among numerous others) use a quadratic term of GDP per capita to depict the effects of REN. Prior studies have focused on the impact of GDP per capita on CO 2 emissions but have not thoroughly explored the interconnection between renewable energy (REN), economic growth, energy consumption, and CO 2 emissions.…”

Section: Introductionmentioning

confidence: 99%

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Renewable Adoption, Energy Reliance, and CO2 Emissions: A Comparison of Developed and Developing Economies

Bi,

Guo,

Khan

2024

Energies

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Emerging economies and ecosystems rely heavily on fossil fuels, and a country’s energy dependence is a strong indicator of its reliance on foreign suppliers. This study investigates the impact of energy dependence on energy intensity, CO2 emission intensity, and the exploitation of renewable resources in 35 developing and 20 developed nations. It also explores the correlation between renewable energy, GDP growth, and CO2 emissions. This study utilizes the Generalized Linear Model (GLM) and the Robust Least Squares (RLS) method to investigate the negative correlation between renewable energy and policymakers in established and emerging economies. It also employs distinctive linear panel estimation techniques spanning from 1970 to 2022. This study examines the impact of renewable energy on economic growth, energy consumption, and CO2 emissions across four continents. Developing countries see an increase in per capita CO2 emissions when their utilization of renewable energy exceeds their capacity. Even with the introduction of several proxies for renewable energy use using changed techniques, this discovery remains valid. Moreover, this is particularly crucial for industrialized nations with well-established institutions. Energy dependency has increased the energy and carbon intensity needed for expansion across all components, which is surprising. The regional study discovered a spillover impact in most regions, indicating that the consequences of energy reliance are similar in neighboring countries. Regional energy exchange unions play a vital role in reducing the adverse environmental and economic impacts of energy dependence, which is essential for the growth of the renewable energy sector and the decrease in greenhouse gas emissions. Undeveloped countries need to enhance their investment in research and development to advance technologically.

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Section: Discussionmentioning

confidence: 99%

Section: Robust Least Squarementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Renewable Adoption, Energy Reliance, and CO2 Emissions: A Comparison of Developed and Developing Economies

Bi,

Guo,

Khan

2024

Energies

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Renewable energy and CO2 emissions in developing and developed nations: a panel estimate approach

Jie,

Rabnawaz

2024

Front. Environ. Sci.

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Emerging economies and ecosystems are critically dependent on fossil fuels, and a country’s energy dependence is a significant measure of its reliance on foreign suppliers. This study evaluates the impact of energy reliance on energy intensity, CO2 emission intensity, and the utilization of renewable resources in 35 developing and 20 developed nations, as well as the connection between renewable energy (REN), GDP growth, and CO2 emissions. This study employs the generalized linear model (GLM) and the robust least squares (RLS) method to assess the inverse association between renewable energy and developed and developing economy policymakers, utilizing unique linear panel estimate approaches (1970–2022). The impact of renewable energy as a response variable on economic growth, energy consumption, and CO2 emissions across four continents is investigated in this study. The findings indicate that developing countries experience a rise in per capita CO2 emissions if their renewable energy use exceeds their capacity. This finding remains significant even when other proxies for renewable energy use are introduced using modified approaches. Furthermore, it is particularly relevant to industrialized nations that possess more developed institutions. Even more surprisingly, in terms of the energy and emission intensity required for growth, energy dependence has accelerated all components. The regional analysis revealed a spillover impact in most areas, suggesting that the consequences of energy dependence are essentially the same in neighboring countries. The growth of the renewable energy sector and the decrease in greenhouse gas emissions depend critically on the ability of regional energy exchange unions to mitigate the negative environmental and economic impacts of energy dependency. These underdeveloped countries need to spend more on research and development to catch up technologically.

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Catch-up growth with alpha and beta decoupling and their relationships between CO2 emissions by GDP, population, energy production, and consumption

Cited by 2 publications

References 154 publications

Renewable Adoption, Energy Reliance, and CO2 Emissions: A Comparison of Developed and Developing Economies

Renewable Adoption, Energy Reliance, and CO2 Emissions: A Comparison of Developed and Developing Economies

Renewable energy and CO2 emissions in developing and developed nations: a panel estimate approach

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