Pollution and electricity price in the EU Central and Eastern European countries: a sectoral approach

Simionescu, Mihaela; Radulescu, Magdalena; Cifuentes‐Faura, Javier

doi:10.1007/s11356-023-29109-0

Cited by 8 publications

(3 citation statements)

References 88 publications

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Section: Introductionmentioning

confidence: 99%

“…As part of ensuring environmental sustainability to protect the ecosystem, the major environmental problems the world is still battling were exposed during the COP26 Summit [5]. The purpose for the battle against the factors that put the environment at risk is to protect and improve the environment [6] The position of energy particularly fossil fuels in the development of the world's economy over the past decades cannot be overlooked [7]. However, the impact of fossil fuel on environmental quality and climate change has caused stakeholders and policymakers to worry about the sustainability of the environment.…”

Section: Introductionmentioning

confidence: 99%

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Exploring the impact of renewable energy on economic growth and carbon emissions: Evidence from partial least squares structural equation modeling

Gyimah,

Fiati,

Nwigwe

et al. 2023

PLoS ONE

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The concern for environmental sustainability comes along with sustainable energy for consumption. Therefore, this study aims to explore the direct and indirect effects of renewable energy on economic growth and carbon emissions by employing Partial Least Square Structure Equation Modeling and Granger Causality Test and the data for this study is from 1990 to 2021. The results from the Partial Least Squares Structure Equation Modeling indicate that renewable energy consumption causes carbon emissions and has no effect on economic growth. Financial inclusion and foreign direct investment have positive effects on carbon emissions. However, renewable energy has an indirect negative effect on carbon emissions through economic growth. Foreign direct investment affects economic growth positively. Furthermore, the results from the Granger causality test indicate that renewable energy has a unidirectional causality relationship with financial inclusion and foreign direct investment and has a feedback causality relationship with economic growth. In addition, there is a feedback causal effect between financial inclusion and carbon emissions, a unidirectional effect running from carbon emissions to foreign direct investment, and a causal effect from economic growth to foreign direct investment. This study has suggested comprehensive policy recommendations for policymakers based on the findings.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Exploring the impact of renewable energy on economic growth and carbon emissions: Evidence from partial least squares structural equation modeling

Gyimah,

Fiati,

Nwigwe

et al. 2023

PLoS ONE

View full text Add to dashboard Cite

show abstract

“…The European Union (EU) is a pioneer in the fight against pollution and climate change, having established the United Nations Framework Convention on Climate Change and introducing a range of pollution and energy measures to reduce greenhouse gas emissions. Air pollution remains a major challenge for most EU countries, including those located in Central and Eastern Europe [22]. Many scientific centers undertake research on processes and issues associated with emissions from the energy sector in order to reduce GHG emissions.…”

Section: Introduction and Literature Reviewmentioning

confidence: 99%

Modeling the Consumption of Main Fossil Fuels in Greenhouse Gas Emissions in European Countries, Considering Gross Domestic Product and Population

Kolasa-Więcek,

Pilarska,

Wzorek

et al. 2023

Energies

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Poland ranks among the leading European countries in terms of greenhouse gas (GHG) emissions. Many European countries have higher emissions per capita than the EU average. This research aimed to quantify the complex relationships between the consumption variables of the main fossil fuels, accounting for economic indicators such as population and gross domestic product (GDP) in relation to GHG emissions. This research attempted to find similarities in the group of 16 analyzed European countries. The hypothesis of an inverted U-shaped environmental Kuznets curve (EKC) was tested. The resulting multiple regression models showed similarities in one group of countries, namely Poland, Germany, the Czech Republic, Austria and Slovakia, in which most of the variables related to the consumption of fossil fuels, including HC and BC simultaneously, are statistically significant. The HC variable is also significant in Denmark, Estonia, the Netherlands, Finland and Bulgaria, and BC is also significant in Lithuania, Greece and Belgium. Moreover, results from Ireland, the Netherlands, and Belgium indicate a negative impact of population on GHG emissions, and in the case of Germany, the hypothesis of an environmental Kuznets curve can be accepted.

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Corporate environmental governance and firm value: beyond greenwashing for sustainable development

Fu,

Jiang,

Cifuentes-Faura

et al. 2024

Environ Dev Sustain

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Pollution and electricity price in the EU Central and Eastern European countries: a sectoral approach

Cited by 8 publications

References 88 publications

Exploring the impact of renewable energy on economic growth and carbon emissions: Evidence from partial least squares structural equation modeling

Exploring the impact of renewable energy on economic growth and carbon emissions: Evidence from partial least squares structural equation modeling

Modeling the Consumption of Main Fossil Fuels in Greenhouse Gas Emissions in European Countries, Considering Gross Domestic Product and Population

Corporate environmental governance and firm value: beyond greenwashing for sustainable development

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