2022
DOI: 10.3389/fenrg.2022.921166
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Renewable Energy, Agriculture and CO2 Emissions: Empirical Evidence From the Middle-Income Countries

Abstract: This study explores the effect of renewable energy and agriculture on CO2 emissions in a sample of 94 middle-income countries for the years 2000–2015. Using two-step generalized method of moments (GMM) regression, we find there is a negative relationship between renewable energy production, agriculture value added and per capita CO2 emissions. If causal, a 1% increase in renewable electricity output leads to a 0.18% decrease in CO2 emissions. Our results remain robust when we include additional control variabl… Show more

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Cited by 11 publications
(3 citation statements)
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“…It is worth noting here that one element of the European Union's energy policy is to increase the share of renewable energy in total energy consumption. This is linked to, among other things, lower CO 2 emissions [89]. These authors point out that the promotion of renewable energy should be supported by appropriate policy tools, e.g., subsidies or low-interest loans.…”
Section: Resultsmentioning
confidence: 99%
“…It is worth noting here that one element of the European Union's energy policy is to increase the share of renewable energy in total energy consumption. This is linked to, among other things, lower CO 2 emissions [89]. These authors point out that the promotion of renewable energy should be supported by appropriate policy tools, e.g., subsidies or low-interest loans.…”
Section: Resultsmentioning
confidence: 99%
“…The two-step system GMM is more robust than the one-step system GMM, and it is more efficient and robust to heteroskedasticity and autocorrelation (Roodman, 2009). In addition, the two-step GMM estimator is particularly useful when the number of countries in the study is greater than the time period, a high correlation exists between CO2 emissions and its lagged value, and there is a need to overcome the issues of endogeneity and simultaneity problems present in the model (Majewski et al, 2022). The model used in this study is presented as follows:…”
Section: 2econometric Estimation Approachesmentioning
confidence: 99%
“…With detailed data, new policies can be implemented at the local level to increase the immediate impact on the local community [17]. Moreover, existing policies can be tested and improved [18], as direct agricultural subsidies can encourage agricultural-related carbon emissions [19], but subsidies directly aimed at reducing emissions can be beneficial to reducing emissions in the agricultural sector [20]. New procedures, such as new standards or better measuring devices, reduce overall emission inventory uncertainty and improve its accuracy [21,22].…”
Section: Introductionmentioning
confidence: 99%