Decarbonization pathways: the roles of foreign direct investments, governance, democracy, economic growth, and renewable energy transition

Hamid, Ishfaq; Alam, Md Shabbir; Kanwal, Asma; Jena, Pabitra Kumar; Murshed, Muntasir; Alam, Risana

doi:10.1007/s11356-022-18935-3

Cited by 86 publications

(40 citation statements)

References 103 publications

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“…Halo-effect hypothesis is valid in high-emission BRICS countries, according to the results. Results are consistent with those of Hamid et al ( 2022 ) that states how can one analyse how foreign direct investments (FDI) are linked with pollution in BRICS nations using panel analysis. The authors’ outcomes endorse the halo effect and do not support the FDI ’ s negative environmental impact.…”

Section: Resultssupporting

confidence: 90%

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

Mngumi

Sun

Shair

et al. 2022

Environ Sci Pollut Res

143

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Few researches have inspected the task of green finance in reducing CO 2 emissions, while earlier studies have inspected the influence of economic development on carbon emissions. A green finance development index is built using four indicators to fill in this knowledge gap: green credit, green insurance, green securities, and green investing. Using data spanning the years 2005–2019, a panel quantile regression is applied to investigate the links between green finance, renewable energy, and CO 2 emissions. Increases in renewable energy use and advances in the green finance development index have contributed to a reduction in CO 2 emissions from BRICS countries. CO 2 emissions on the other hand slowed the growth of renewable energy use, slowed the flow of investment to green projects, and ultimately hampered the development of green finance. There was also a clear policy-driven influence on renewable energy spending in the countries of the BRICS region. Green finance policies, on the other hand, have consistently failed to have a long-term impact. Therefore, rising the consumption of renewable energy and creating a carbon trading market are all part of this study’s recommendations for green finance policy improvement.

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Section: Resultssupporting

confidence: 90%

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

Mngumi

Sun

Shair

et al. 2022

Environ Sci Pollut Res

143

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“…The EKC theory has been tested in recent years by several researchers. All of the identified findings confirm the validity of the theory for less industrialized countries (Hamid et al, 2022a), countries heavily dependent on fossil fuels (Alam et al, 2022), and even for the G7 countries (Nathaniel et al, 2021). Also, according to Dutt (2009), higher-income countries are observed to yield lower CO2 emissions as a consequence of better institutions and higher levels of education.…”

Section: Literature Reviewsupporting

confidence: 66%

The impact of governance quality and educational level on environmental performance

Dincă

Bărbuță

Negri

et al. 2022

Front. Environ. Sci.

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Environmental degradation and its impact on sustainable development have sparked the interest of national and international policymakers, specialists, and academia. This paper aims to demonstrate the empirical nexus between environmental performance, measured by carbon dioxide emissions, and education levels together with institutional quality in a society. To achieve this goal, the regression model includes the main variables that reflect the quality of governance (government effectiveness, regulatory quality, control of corruption, and rule of law), together with education dimension, gross domestic product, renewable energy consumption, fossil fuel energy consumption, and industry. The data were collected for the 1995–2020 period, for a set of 43 countries, consisting of all European Union (EU) members and The Group of Twenty (G20) states. The research uses three estimations methods, respectively Pooled ordinary least squares (Pooled OLS), Fixed effects model (FEM) and Random effects model (REM), together with a two-step dynamic GMM model, to address the endogeneity issue as well. The main results show that all the independent variables reflecting institutional quality from a technical point of view, included in the model when considering the PCSE estimation, have a direct and positive link to CO2 emissions’ level, with control of corruption variable being the only one to influence in a positive manner CO2 emissions at a significant level. Education level, together with economic growth, fossil fuel energy consumption and industry, had a negative significant impact as well upon environmental performance, an increase of one unit in these variables contributing to increased carbon dioxide levels in the EU and G20 sample when considering both the panel corrected model as well as the GMM scenario. Renewable energy is the only independent variable to manifest a significant positive and direct link with environmental performance, drawing attention to the need of adapting the primary sources of energy, in line with international organizations’ sustainable development policy recommendations. Also, there is a need to improve citizens’ perceptions of public services and institutions by building confidence in government’s ability to formulate and implement regulations.

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“…Therefore, the world has realized the importance of cleaner types of energy sources to save the environment from pollution ( IEA, 2015 ). It would transform the energy demand from fossil fuels to nuclear and other renewable sources ( Hamid et al, 2022 ). Accordingly, the study uses the Nuclear Energy Transition (NET) variable instead of a simple NEC variable.…”

Section: Methodsmentioning

confidence: 99%

Nuclear energy transition and CO₂ emissions nexus in 28 nuclear electricity-producing countries with different income levels

Mahmood¹

2022

PeerJ

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Background Nuclear energy carries the least environmental effects compared to fossil fuels and most other renewable energy sources. Therefore, nuclear energy transition (NET) would reduce pollution emissions. The present study investigates the role of the NET on CO2 emissions and tests the environmental Kuznets curve (EKC) in the 28 nuclear electricity-producing countries from 1996–2019. Methods Along with a focus on the whole panel, countries are divided into three income groups using the World Bank classification, i.e., three Lower-Middle-Income (LMI), eight Upper-Middle-Income (UMI), and 17 High-Income (HI) countries. The cross-sectional dependence panel data estimation techniques are applied for the long and short run analyses. Results In the long run, the EKC is corroborated in HI countries’ panel with estimated positive and negative coefficients of economic growth and its square variable. The Netherlands, Sweden, Switzerland, and the USA are found in the 2nd stage of the EKC. However, the remaining HI economies are facing 1st phase of the EKC. Moreover, economic growth has a monotonic positive effect on CO2 emissions in LMI and UMI economies. NET reduces CO2 emissions in UMI and HI economies. On the other hand, NET has an insignificant effect on CO2 emissions in LMI economies. In the short run, the EKC is validated and NET has a negative effect on CO2 emissions in HI countries and the whole panel. However, NET could not affect CO2 emissions in LMI and UMI countries. Based on the long-run results, we recommend enhancing nuclear energy transition in UMI and HI economies to reduce CO2 emissions. In addition, the rest of the world should also build capacity for the nuclear energy transition to save the world from global warming.

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Decarbonization pathways: the roles of foreign direct investments, governance, democracy, economic growth, and renewable energy transition

Cited by 86 publications

References 103 publications

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

The impact of governance quality and educational level on environmental performance

Nuclear energy transition and CO₂ emissions nexus in 28 nuclear electricity-producing countries with different income levels

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Decarbonization pathways: the roles of foreign direct investments, governance, democracy, economic growth, and renewable energy transition

Cited by 86 publications

References 103 publications

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

The impact of governance quality and educational level on environmental performance

Nuclear energy transition and CO2 emissions nexus in 28 nuclear electricity-producing countries with different income levels

Contact Info

Product

Resources

About

Nuclear energy transition and CO₂ emissions nexus in 28 nuclear electricity-producing countries with different income levels