The role of energy and economic growth towards sustainable environment through carbon emissions mitigation

Abstract

Promoting environmental sustainability to secure and protect the ecosystem has been a major concern to many nations and nongovernmental organizations. Energy is considered one of the main contributors to carbon emissions which destroys the quality of the environment. Therefore, the study uses Two-stage least squares to examine the effect of energy (renewable and fossil energy) and economic growth on carbon emissions in Ghana. To ensure the quality of our result, Robustness Least Square and Generalized Method of Moments are employed as a robustness check. The data for the study is from 1990 to 2018. The result of the study indicates that renewable energy and fossil fuel cause carbon emissions in Ghana within the years under review. Economic growth has no relevant effect on carbon emissions. To promote environmental sustainability in Ghana, measures should be put in place to encourage the use of cleaner energy. The government should establish cooperation with countries with high renewable technologies to benefit from their innovations to improve on their renewable energy consumption.

Do financial development, urbanization, economic growth and renewable energy promote the emission mitigation agenda of Africa? Evidence from models that account for cross-sectional dependence and slope heterogeneity

“…Besides, nations in Africa have formulated environmental laws to regulate the operations of entities in the bloc, amongst them are sanctions for those that use polluting energies in their undertakings. This finding aligns those of Abdul-Mumuni et al (2022); Erdoğan et al (2022), but conflicts that of Gyimah et al (2023) for Ghana.…”

“…Besides, clean energy utilization has no substantial effect on environmental quality in the Eastern region of Africa. This collaborates the study of Gyimah et al (2023). Moreover, GDP improves ecological safety in Southern and Eastern regions contrasting the study of Ronaghi and Scorsone (2023), but harms ecological sustainability in the aggregate panel and the Northern region aligning the investigation of (Abid et al, 2023).…”

“…According to the World Bank, renewable energy consumption is the share of renewable energy in total final energy consumption. The variable has been used by researcher like Jinapor et al (2023), Sun et al (2023) and Gyimah et al (2023) among others, to predict environmental quality in different jurisdictions. Therefore, following above researchers, using renewable energy as a determinant of environmental quality in the studied regions is very fitting.…”

An Operational Framework for a Low-carbon, Green Growth Economy: CO-STIRPAT Dynamic System

“…York, Rosa, and Dietz (2003) The STIRPAT allows for a more precise specification of the sensitivity of environmental impacts to the forces driving them. Nexus between GDP, energy, and emission Paper Analysis Gyimah et al (2023) Renewable energy and fossil fuel cause carbon emissions in Ghana whereas economic growth has no relevant effect on carbon emissions. Khan et al (2022) The causality between GDP growth and carbon emission and the bidirectional causality between economic growth and energy use are identified.…”

An assessment of the influence of clean energy and service development on environmental degradation: evidence for a non-linear ARDL approach for Tunisia

“…Unlike these two assumptions, few studies in the existing literature confirm the presence of a positive and significant nexus between environmental degradation and renewable energy consumption (Adam and Nsiah 2019 , Gymah et al 2023 ). A plausible explanation for these studies is that renewable energy is not carbon-free, and like other sources of energy, it emits a small quantity of greenhouse gas.…”