Abstract:Natural gas consumption contributes the least to CO2 emissions than other non-renewable energy such as oil and coal. Thus, it is important to replace oil in generating economic activities and leading the country towards low carbon state. Despite the environmentally friendly energy, most previous studies did not study gas consumption. Therefore, this study investigates the effects of gas consumption and other selected macroeconomic determinants such as labour, capital, foreign direct investment, trade openness,… Show more
“…A comprehensive review of this literature is essential to grasp previous findings and identify existing research gaps. Many of these studies have demonstrated that finite energy sources and economic prosperity worsen environmental degradation, while renewable energy helps to mitigate it [ 9 , [28] , [29] , [30] , [31] , [32] ].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Similarly, Khan et al [ 51 ] observed that exports and renewable energy consumption are associated with decreased carbon energy, while imports and GDP show an increasing trend. Focusing on the D8 countries, Majekodunmi et al [ 9 ] shed light on the negative association between exports, population growth, and environmental deterioration in the D8 countries. While exports and population growth generally increased environmental deterioration, the authors identified a mitigating effect of exports on emissions in Malaysia, Pakistan, and Turkey, particularly in the short run.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In response to escalating environmental concerns, Malaysia has explored viable strategies for transitioning from environmentally depleting energy sources to eco-friendly alternatives [ 9 ]. It is important to make this shift due to the energy sector's ongoing status as the dominant contributor to greenhouse gas emissions.…”
“…A comprehensive review of this literature is essential to grasp previous findings and identify existing research gaps. Many of these studies have demonstrated that finite energy sources and economic prosperity worsen environmental degradation, while renewable energy helps to mitigate it [ 9 , [28] , [29] , [30] , [31] , [32] ].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Similarly, Khan et al [ 51 ] observed that exports and renewable energy consumption are associated with decreased carbon energy, while imports and GDP show an increasing trend. Focusing on the D8 countries, Majekodunmi et al [ 9 ] shed light on the negative association between exports, population growth, and environmental deterioration in the D8 countries. While exports and population growth generally increased environmental deterioration, the authors identified a mitigating effect of exports on emissions in Malaysia, Pakistan, and Turkey, particularly in the short run.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In response to escalating environmental concerns, Malaysia has explored viable strategies for transitioning from environmentally depleting energy sources to eco-friendly alternatives [ 9 ]. It is important to make this shift due to the energy sector's ongoing status as the dominant contributor to greenhouse gas emissions.…”
“…In addition, green energy is a cutting-edge and environmentally friendly choice for reliable power, Majekodunmi et al (2023). In addition to being crucial for the planet, the consistent and low-cost advantages of renewable energy can improve social and fiscal prospects in developing nations (Rahman et al, 2022;Ergun et al, 2019;Akizu-Gardoki et al, 2018).…”
The study examines the relationship between corruption, innovation, and renewable energy consumption in Indonesia using the Marshalian Demand Function (MDF) framework. The research analyzes data from 1984 to 2020 and applies several statistical tests to validate the model's accuracy. The Autoregressive Distributed Lag (ARDL) approach is applied to evaluate the long and short-term effects of several variables on renewable energy consumption. The study finds that economic growth, number of patents, and FDI positively impact renewable energy consumption in the long term, while urbanization has a negative impact. Trade openness has no long-term impact on renewable energy consumption. In the short term, FDI, corruption, and the number of patents were found to have a significant negative association with renewable energy consumption, while GDP had a significant positive correlation. Diagnostic tests validate the model's suitability and ensure that it lacks heteroscedasticity and serial correlation. The study emphasizes the importance of encouraging renewable energy consumption and addressing the problems of urbanization and corruption in Indonesia to achieve a more sustainable and energy-efficient future.
“…Carbon dioxide (CO 2 ) emissions, predominantly from human activities, have become a significant concern due to their detrimental impact on the environment (Shaari et al, 2022a;Shaari et al, 2022b;Shaari et al, 2023;Ridzuan et al, 2018;Rennert et al, 2022;Voumik et al, 2023;Mohamed Yusoff et al 2023). The excessive release of CO 2 into the Earth's atmosphere is primarily responsible for global warming and climate change.…”
In this study, we placed significant emphasis on the impact of technology on environmental quality in Indonesia. Technology plays a vital role in the country's progression towards becoming a developed nation; however, it brings both advantages and disadvantages. Indonesia has witnessed substantial economic growth, closely linked to the development and adoption of technology, whether domestically generated or through foreign direct investment (FDI). The primary objective of this study is to investigate the influence of technology and other key macroeconomic variables such as economic growth, FDI, income distribution, globalization, electricity, and urbanization on the level of carbon emissions. The study utilizes annual time series data spanning from 1990 to 2020. The main findings of the study confirm that technology has the potential to reduce environmental pollution levels in the country. However, the impact of other variables on environmental pollution displays a mixed result. Policymakers should pay attention to the significant role of technology and promote government programs that support innovation as a means to address environmental concerns effectively. By doing so, the nation can leverage technology to foster sustainable development and mitigate the adverse impacts of industrialization on the environment.
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