4.5 Article

Does Renewable Energy Sector Affect Industrialization-CO2 Emissions Nexus in Europe and Central Asia?

期刊

ENERGIES
卷 15, 期 16, 页码 -

出版社

MDPI
DOI: 10.3390/en15165877

关键词

industrialization; renewable energy; CO2 emissions; Europe and Central Asia

向作者/读者索取更多资源

Industrialization has a positive effect on CO2 emissions, while renewable energy can reduce CO2 emissions. There is a negative relationship between renewable energy consumption and industry value added, indicating that renewable energy consumption can compensate for the negative effect of industrialization on environmental quality.
Current research assesses the impact of industrialization and the renewable energy sector on greenhouse gas emissions, proxied by CO2 emissions in Europe and Central Asia. We rely on a two-step system GMM estimator on a sample of 48 countries over the period 2000-2018. Empirical results show that industrialization has a positive effect on CO2 emissions: a 10% increase in industry value added as % of GDP leads to an increase of 2.6% in CO2 emissions. In contrast, renewable energy mitigates CO2 emissions. Ten percentage points increase in renewable energy consumption reduces CO2 emissions per capita by 2.2%. The interaction term between renewable energy and industry value added is negative, suggesting that renewable energy consumption compensates for the negative effect of industrialization on environmental quality. Our main results also confirm the U-shaped inverted relationship between GDP per capita and CO2 emissions. Our study has a number of policy implications and avenues for future research.

作者

我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。

评论

主要评分

4.5
评分不足

次要评分

新颖性
-
重要性
-
科学严谨性
-
评价这篇论文

推荐

Article Energy & Fuels

Civil and Procedural Instruments of the Consumer Protection on the Retail Electricity Market-Original Polish Model

Waldemar Tarczynski, Kinga Flaga-Gieruszynska

Summary: The article discusses the uniqueness of the Polish retail electricity market and the special legal protection provided to individual consumers. It aims to analyze both subjective and quantitative aspects of the market and examine the civil law measures that protect these electricity consumers.

ENERGIES (2022)

Article Green & Sustainable Science & Technology

Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC)

Shaohua Jiang, Grzegorz Mentel, Irum Shahzadi, Mehdi Ben Jebli, Najaf Iqbal

Summary: The prime objective of this research is to explore the impacts of import and export diversification and renewable energy on environmental footprints. The study finds that income inequality and import diversification increase ecological issues while globalization and exports diversification mitigate them. Furthermore, there is a unidirectional causal relationship between renewable energy consumption and import diversification, as well as ecological footprint and import diversification.

RENEWABLE ENERGY (2022)

Article Environmental Studies

Natural resources tax volatility and economic performance: Evaluating the role of digital economy

Qiang Ma, Grzegorz Mentel, Xin Zhao, Raufhon Salahodjaev, Zebo Kuldasheva

Summary: The study found that the volatility of natural resources tax, digital economy, financial development, and technological innovation significantly enhance economic performance in all quantiles, while research and development expenditures have a positive impact in some quantiles. Recommendations include strengthening the digital economy, financial development, technological innovation, and research and development.

RESOURCES POLICY (2022)

Article Energy & Fuels

Renewable Energy, Agriculture and CO2 Emissions: Empirical Evidence From the Middle-Income Countries

Sebastian Majewski, Grzegorz Mentel, Marek Dylewski, Raufhon Salahodjaev

Summary: This study explores the impact of renewable energy and agriculture on CO2 emissions in middle-income countries. The findings indicate a negative relationship between renewable energy production, agriculture value added, and per capita CO2 emissions. The results suggest that a 1% increase in renewable electricity output leads to a 0.18% decrease in CO2 emissions. Policy tools such as subsidies or low interest loans can be utilized to promote renewable energy consumption in these countries.

FRONTIERS IN ENERGY RESEARCH (2022)

Article Nuclear Science & Technology

The asymmetric responses of income to changes in nuclear power generation and carbon dioxide emissions: A comparative G-6 analysis

Yang Hu, Mohamed Sahbi Nakhli, Grzegorz Mentel, Hong Wu, Shujaat Abbas

Summary: This study evaluates the asymmetric nature and magnitude of clean nuclear energy consumption and carbon dioxide emissions impacts on economic growth prospects, focusing on G-6 economies. The findings show that nuclear energy consumption can enhance long-term economic growth prospects in Germany, Japan, and the United Kingdom, but not in Canada, France, and the United States.

PROGRESS IN NUCLEAR ENERGY (2022)

Article Green & Sustainable Science & Technology

Moving toward sustainable development: Assessing the impacts of taxation and banking development on renewable energy in the UAE

Ahmed Samour, Umer Shahzad, Grzegorz Mentel

Summary: Renewable energy sources have become economically attractive in the UAE, and the country has set a target to reach 44% of installed capacity with clean energy resources by 2050. This research assesses the impact of taxation and banking development on renewable energy in the UAE and confirms that financial incentives can lead to sustainable development goals. The study suggests the UAE should adopt carbon taxes policy and encourage banking development to promote renewable energy and achieve sustainable development goals, particularly in clean energy.

RENEWABLE ENERGY (2022)

Article Energy & Fuels

Consumer Attitudes toward Energy Reduction and Changing Energy Consumption Behaviors

Gordon Rausser, Wadim Strielkowski, Grzegorz Mentel

Summary: This editorial paper discusses consumer attitudes towards energy reduction and changing energy consumption behaviors. It is especially relevant today as Europe is facing an unprecedented energy crisis due to a shift away from Russian supplies of oil and gas. The transition to renewable energy now appears to be in jeopardy, and it is unclear whether rising energy prices will significantly change consumer behavior and increase energy efficiency. However, changing energy consumption behaviors would have long-term benefits for combating climate change and sustaining economic growth.

ENERGIES (2023)

Review Energy & Fuels

Green and Renewable Energy Innovations: A Comprehensive Bibliometric Analysis

Grzegorz Mentel, Anna Lewandowska, Justyna Berniak-Wozny, Waldemar Tarczynski

Summary: Taking into account various factors such as climate changes, fossil fuel scarcity, energy inefficiency, and population growth, transitioning towards green and renewable energy is recognized as a crucial goal and challenge worldwide. The energy sector contributes to approximately 75% of global greenhouse gas emissions, with energy-related emissions continuously rising. To achieve successful energy transition, innovation in technology, business processes, and policies is essential. This study conducted a bibliometric review and visual analysis to analyze the research size, structure, and dynamics of innovations in the field of green and renewable energy over the last decade, aiming to identify key topics and research trends. Gaps in green and renewable energy innovations were identified, providing insights for future research directions.

ENERGIES (2023)

Article Geosciences, Multidisciplinary

Exploring the role of environmental regulation on energy security: Contextual findings for sustainable development in Chinese provinces

Xin Zhao, Weiliang Tao, Xiaowei Ma, Chen Wang, Grzegorz Mentel

Summary: Recently, the issue of energy security has gained increased attention due to the reduction of energy resources and the emergence of problems such as unreasonable use. Investigating the relationship between environmental regulation and energy security is important to ensure energy security and promote national economic transformation. This study empirically analyzes the direct and spillover effects of environmental regulation on energy security, as well as the spatial heterogeneity and non-linear characteristics driven by fiscal decentralization and marketization. The results show regional differences and spatial dependence in China's energy security, and suggest that the positive impact of environmental regulation is enhanced when certain thresholds of fiscal decentralization and marketization are crossed. Relevant policy recommendations are also provided.

GONDWANA RESEARCH (2023)

Article Energy & Fuels

Transition to greener electricity and resource use impact on environmental quality: Policy based study from OECD countries

Muhammad Adnan Bashir, Dengfeng Zhao, Fouzia Amin, Grzegorz Mentel, Syed Ali Raza, Muhammad Farhan Bashir

Summary: In the contemporary time, global economies must comply with Sustainable Development Goals to achieve environmental and energy efficiency. Within the scope of environmental reforms, we analyze the role of electricity transition on carbon emissions for the period of 1995-2021. Our extensive empirical analysis shows that population growth and economic growth significantly contribute to environmental degradation. However, we find that natural resource rents, electricity transition, and human development ensure environmental sustainability. Based on our findings, we recommend promoting energy transition through electricity from renewable energy resources to tackle environmental challenges.

UTILITIES POLICY (2023)

Article Environmental Studies

Internet development and carbon emission-reduction in the era of digitalization: Where will resource-based cities go?

Minjie Pan, Xin Zhao, Kangjuan Lv, Joanna Rosak-Szyrocka, Grzegorz Mentel, Tadeusz Truskolaski

Summary: Since human beings entered the digital era, the Internet industry has played a crucial role in urban energy and industrial transformation. This study analyzes the impact of Internet evolution on urban carbon emissions using panel data from 283 cities in China. The empirical findings indicate that the Internet effectively promotes low-carbon urban transition by upgrading industrial structure, promoting green innovation, and strengthening environmental regulation. This research provides a significant theoretical basis for effectively advancing low-carbon transformation and development at the urban level in China from the perspective of Internet development.

RESOURCES POLICY (2023)

Article Geosciences, Multidisciplinary

Testing the role of digital financial inclusion in energy transition and diversification towards COP26 targets and sustainable development goals

Kishwar Ali, Jianguo Du, Dervis Kirikkaleli, Grzegorz Mentel, Mehmet Altuntas

Summary: This study examines the effects of digital financial inclusion, energy transition, and diversification on achieving the SDGs and COP26 targets in E-7 economies. The results show negative correlations between energy transition and diversification, technological innovation, and foreign direct investment with CO2 emissions. Conversely, digital finance inclusion, energy consumption, and economic growth contribute to environmental deterioration. The PMG causality findings suggest a feedback effect for the indicators. The outcomes highlight the need for prioritizing sustainable energy and enhancing incentives for inclusive green funding in order to reduce carbon emissions and achieve the SDGs and COP26 targets.

GONDWANA RESEARCH (2023)

暂无数据