Article
Economics
Guangchen Li, Weixian Wei
Summary: This study, based on balanced panel data of 30 Chinese provinces from 1987 to 2017, explores the impact of carbon emissions on economic growth through a panel smooth transition regression model. The empirical results reveal significant non-linear relationships between carbon emissions, financial development, openness, innovation, and economic growth. It also shows that carbon emissions attenuate the promoting effects of financial development and innovation on economic growth, with differences in impact between the northern and southern regions.
Article
Green & Sustainable Science & Technology
Mohammad Mafizur Rahman, Khosrul Alam
Summary: This study investigates the impacts of energy consumption, economic growth, financial development, and international trade on CO2 emissions in 17 Asia-Pacific countries. The results show that these factors have adverse effects on the environment, increasing CO2 emissions. The study also confirms the existence of the environmental Kuznets curve.
Article
Environmental Sciences
Murat Doganlar, Faruk Mike, Oktay Kizilkaya, Selin Karlilar
Summary: This study examines the long-term effects of economic growth, energy consumption, and financial development on CO2 emissions in Turkey. Energy consumption is found to be the most significant factor contributing to environmental pollution in Turkey. Economic growth has a negative impact on CO2 emissions, while energy consumption and financial development have positive impacts. The causality test results indicate a unidirectional relationship from financial development to CO2 emissions, economic growth, and energy consumption.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Energy & Fuels
Fangjhy Li, Yang-Che Wu, Mei-Chih Wang, Wing-Keung Wong, Zhijie Xing
Summary: This study empirically examined the correlation between CO2 emissions, financial development, and economic growth in China and South Africa, revealing a two-way relationship between the variables. Using quantile regression, it was found that South Africa's financial development had a negative impact on CO2 emissions, while Brazil's CO2 emissions had a negative impact on financial development. The study suggests that BRICS countries should focus on sustainable economic development and consider the relationship between financial development and emission-reduction policies when formulating government policies.
Article
Thermodynamics
J. P. Namahoro, Q. Wu, H. Su
Summary: This study empirically explores the relationship between wind energy consumption, industrial-economic development, and CO2 emissions in the top 41 countries from 1997 to 2018. The results show that severe droughts are not a significant concern for wind energy, and utilizing wind energy helps reduce CO2 emissions. However, industrial and economic development is positively associated with CO2 emissions in the sampled countries. Additionally, the study finds that while industrial development promotes economic growth, wind energy use has an insignificant positive effect on economic growth and a negative impact on industrial development. The study also identifies two-way causal relationships between CO2 and other variables, as well as between industrial development and economic growth and wind energy use.
Article
Environmental Sciences
Anis Omri, Montassar Kahia, Bassem Kahouli
Summary: The study finds that in Saudi Arabia, good political and institutional governance can reduce carbon emissions, while the development of the financial sector has a negative impact on carbon emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Business
Rudra P. Pradhan, Mak B. Arvin, Mahendhiran S. Nair, John H. Hall, Sara E. Bennett
Summary: The paper examines the shortrun and long-run dynamics between economic growth, financial inclusion initiatives, and ICT infrastructure development in 20 Indian states from 1991 to 2018. Using the Granger-causality technique, evidence of strong temporal causality between these variables in the short and long term is demonstrated. The empirical results suggest that careful coordination of ICT infrastructure development, financial inclusion initiatives, and economic growth strategies is crucial for sustainable economic development in these Indian states.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2021)
Article
Environmental Sciences
Umme Habiba, Cao Xinbang
Summary: Financial market development has a positive impact on reducing CO2 emissions, while the effects of financial institution development vary for different types of economies. The use of renewable energy is identified as an effective solution for mitigating CO2 emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
Nawaz Ahmad, Ghulam Ghouse, Muhammad Ishaq Bhatti, Aribah Aslam
Summary: This study investigates the impact of various factors on CO2 emissions in developing economies, including civic activism, gender equality, intergroup cohesion, and financial development. The results suggest that civic activism can reduce CO2 emissions, while the other factors increase CO2 emissions.
Article
Environmental Sciences
Md Atikur Rahaman, Md Afzal Hossain, Songsheng Chen
Summary: This study investigates the impact of FDI, tourism, electricity consumption, and economic development on CO2 emissions in Bangladesh. The results show that FDI, electricity consumption, and economic development have significant positive long-term effects on CO2 emissions, while tourism has a long-term negative effect. Additionally, the study confirms the validity of the Environmental Kuznets Curve.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Muhammad Khan, Jude Eggoh
Summary: This study re-assessed the relationship between economic growth and pollution emissions from 1990 to 2016, using a PSTR model and analyzing non-linearities. The results support the environmental Kuznets curve hypothesis in the global sample and income-specific sub-samples, showing that threshold points increase with economic development. Additionally, trade openness and financial development were found to mediate the effects of income on pollution emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Business
Dervis Kirikkaleli, Hasan Gungor, Tomiwa Sunday Adebayo
Summary: This study found that financial development and renewable energy consumption reduce consumption-based CO2 emissions in Chile, while economic growth and electricity consumption increase carbon emissions. Encouraging research and development of low-carbon technologies and renewable energy investments, while reducing consumption of nonrenewable energy sources, should be a focus for policymakers.
BUSINESS STRATEGY AND THE ENVIRONMENT
(2022)
Article
Energy & Fuels
Zhenkai Yang, Mei-Chih Wang, Tsangyao Chang, Wing-Keung Wong, Fangjhy Li
Summary: This study analyzes the determinants of CO2 emissions in China using the Granger causality test and a Quantile approach. The results identify urbanization, financial development, and openness to trade as the leading factors influencing CO2 emissions in China. The findings contribute to the understanding of climate change issues and have important implications for pollutant reduction policies in China.
Article
Environmental Sciences
Asif Ali Abro, Naushad Alam, Muntasir Murshed, Haider Mahmood, Mohammed Musah, A. K. M. Atiqur Rahman
Summary: This study examines the impacts of financial development, globalization, and energy efficiency on green growth of the Saudi Arabian economy. The findings suggest that financial development and trade globalization inhibit green growth, while financial globalization promotes it. Additionally, more efficient energy resource utilization not only directly boosts green growth but also mitigates the negative impacts of financial sector development.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Thermodynamics
Izzet Karakurt, Gokhan Aydin
Summary: This study proposes regression models to forecast fossil fuel-related carbon dioxide emissions in the BRICS and MINT countries. Important variables affecting emissions are determined and future trends are discussed. The results show the significance of these countries in the global economy and the need for emission control measures.
Article
Environmental Sciences
Xinming Zang, Tomiwa Sunday Adebayo, Seun Damola Oladipupo, Dervis Kirikkaleli
Summary: This study aims to develop a Sustainable Development Goals framework for Spain and examines the impact of GDP growth, technological innovation, and energy sources on CO2 emissions. The results indicate that Spain is making progress towards decarburization.
ENVIRONMENTAL TECHNOLOGY
(2023)
Article
Geosciences, Multidisciplinary
Tomiwa Sunday Adebayo
Summary: This research examines the impact of economic complexity and financial risk on the load capacity factor. The findings show that renewable energy use, economic complexity, and financial risk contribute to ecological quality. However, non-renewable energy and economic progress threaten ecological quality by reducing the load capacity factor. The study also reveals causal relationships from financial risk, economic growth, disintegrated energy, and economic complexity to the load capacity factor.
GEOLOGICAL JOURNAL
(2023)
Article
Geosciences, Multidisciplinary
Arshian Sharif, Mustafa Tevfik Kartal, Festus Victor Bekun, Ugur Korkut Pata, Chan Ling Foon, Serpil Kilic Depren
Summary: This study comprehensively analyzes the role of green technology, environmental taxes, and green energy in achieving a sustainable environment in 5 sovereign Nordic countries. The analysis considers income and population and uses empirical data from 1995 to 2020. The results show that green technology, environmental taxes, and green energy have a negative association with CO2 emissions, while income and population have a positive association. The robustness of the findings is confirmed by alternative methods.
Article
Green & Sustainable Science & Technology
Mubeen Abdur Rehman, Saeed Ahmad Sabir, Azaz Ali Ather Bukhari, Arshian Sharif
Summary: This study examines the impact of globalization, human capital, and technology on carbon footprint in the context of emerging countries. The results indicate a direct effect of economic and trade globalization on environmental degradation, while the relationship between financial globalization and carbon footprint is weak. On the other hand, human capital, technological advancement, and renewable energy contribute to environmental improvement.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Sciences
Tomiwa Sunday Adebayo, Andrew A. Alola, Sami Ullah, Shujaat Abbas
Summary: Considering the challenges to Pakistan's sustainable economic growth, this study provides a fresh perspective on attainable sustainable economic growth in the country. The study employs innovative methods to analyze the relationship between economic growth, agriculture value-added, energy utilization, urbanization, and environmental degradation (carbon dioxide emissions). The results show positive and significant relationships between economic growth and these variables, with bidirectional causality between energy utilization and economic expansion, as well as between environmental degradation and economic expansion. The findings highlight the importance of considering environmental, energy, agricultural, and urban dimensions in policy initiatives for sustainable development.
NATURAL RESOURCES FORUM
(2023)
Article
Environmental Sciences
Sudeshna Ghosh, Tomiwa Sunday Adebayo, Shujaat Abbas, Buhari Dogan, Samuel Asumadu Sarkodie
Summary: This study examines the impact of economic complexity, high-tech industries, renewables, natural resource abundance, and financial globalization on CO2 emissions and ecological footprint in 10 newly industrializing countries. The results show that the development of high-tech industries has a positive impact on the environment, while renewables and natural resource exploitation can mitigate environmental challenges. However, economic complexity and financial globalization increase emissions and ecological footprint.
NATURAL RESOURCES FORUM
(2023)
Article
Economics
Asif Razzaq, Arshian Sharif, Ilhan Ozturk, Xiaodong Yang
Summary: Under the pressure of dual carbon objectives, the central government continues to prioritize ecological considerations in local governments' incentive and penalty systems. The central inspections of environmental protection (CIEP) program has become an increasingly important tool for environmental governance. This study evaluates the impact of CIEP policy intervention on carbon emissions intensity in 233 Chinese cities from 2008 to 2019, finding that CIEP's enforcement significantly reduces carbon emissions intensity by improving energy utilization efficiency and intensifying local government environmental attention.
Article
Environmental Studies
Nana Miao, Arshian Sharif, Ilhan Ozturk, Asif Razzaq
Summary: This study explores the importance of natural resources, fiscal policy, R&D spending, and ecological governance in driving green growth in G7 countries from 1990 to 2020. The results show that fiscal policy, R&D spending, and ecological governance have a positive impact on green growth, while natural resources have inhibitory effects. The positive influence of fiscal policy and ecological governance is higher at lower quantiles, while the inhibitory effects of natural resources are higher at lower quantiles. However, the negative impact of natural resources can be neutralized with the integration of ecological governance.
Article
Development Studies
Tomiwa Sunday Adebayo, Sami Ullah
Summary: The reduction of CO2 emissions is crucial for achieving sustainable development goals, protecting the environment, mitigating climate change, and preserving biodiversity. Comprehensive approaches prioritizing energy efficiency, renewable energy, and sustainable urbanization are essential for a sustainable and prosperous future. Using wavelet analysis methods, this study examines the time and frequency-based interactions between variables over the period of 1990-2020. The empirical analysis reveals significant and negative correlations between CO2 emissions and energy efficiency measures, renewable energy usage, and urbanization in different time and frequency domains. The study recommends implementing policies to enhance energy efficiency, promote renewable energy use, and foster sustainable urbanization in Sweden to achieve net-zero emissions and sustainable development.
SUSTAINABLE DEVELOPMENT
(2023)
Article
Development Studies
Riza Radmehr, Samira Shayanmehr, Ernest Ali Baba, Ahmed Samour, Tomiwa Sunday Adebayo
Summary: This study investigates the direct and spillover effects of green technological innovation and renewable energy on ecological sustainability in 20 selected EU nations between 1995 and 2018 using spatial panel econometric technique. The results indicate that green technological innovation and renewable energy significantly promote domestic ecological sustainability, and neighboring countries' high levels of green technological innovation, renewable energy, and human capital also benefit the environmental quality of EU countries. Overall, this paper assists policymakers in developing a comprehensive strategy for enhancing ecological responsibility via renewable energy and green technology innovation. Evaluation: 8/10.
SUSTAINABLE DEVELOPMENT
(2023)
Article
Environmental Sciences
Sahar Afshan, Calvin W. H. Cheong, Arshian Sharif
Summary: Energy is a crucial factor in determining a country's sustainable development. Different energy sources contribute to the growth of various economic sectors, yet fossil fuels have faced criticism for exacerbating climate change. This study focuses on investigating the impact of energy prices on economic stability in Malaysia through the use of wavelet-based analysis. The results indicate that energy prices significantly affect both economic (brown) and green growth, with a stronger influence on the former. The study suggests implications for enhancing Malaysia's sustainable growth.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Environmental Sciences
Zhanar Nurgazina, Qingbin Guo, Uzair Ali, Arshian Sharif, Zaid Ashiq Khan, Mustafa Tevfik Kartal, Serpil Kilic Depren
Summary: China has implemented various measures to achieve carbon neutrality by 2060, but the study shows that these measures did not achieve their intended purpose. Investments in environmental pollution treatment were found to be the only effective intervention to improve the ecological situation.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Economics
Najia Saqib, Muhammad Usman, Ilhan Ozturk, Arshian Sharif
Summary: This study examines the impact of environmental technologies, financial growth, and energy use on ecological footprint and green growth. Environmental innovation and renewable energy deployment contribute to green growth, while financial expansion and non-renewable energy use have negative effects on the environment. The study also identifies causal relationships between different factors.
Article
Green & Sustainable Science & Technology
Tomiwa Sunday Adebayo
Summary: The study investigates the impact of uncertainties on the relationship between renewable energy and electric power CO2. It finds that low uncertainties contribute to reducing CO2 emissions, and proposes a policy framework to support the achievement of SDG 7.
INTERNATIONAL JOURNAL OF SUSTAINABLE DEVELOPMENT AND WORLD ECOLOGY
(2023)
Article
Environmental Sciences
Tomiwa Sunday Adebayo, Andrew Adewale Alola
Summary: This study examines the roles of energy source efficiency, renewable energy utilization, and environment-related technologies in achieving sustainable development and reducing greenhouse gas emissions in Denmark. The findings show that increasing renewable energy consumption can significantly reduce short-, medium-, and long-term emissions. Improving energy efficiency and innovation in environment-related technologies also contribute to emission reductions. The study recommends prioritizing attributes such as reliability, durability, and adaptability in environmental innovations.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
