Does the level of renewable energy matter in the effect of economic growth on environmental pollution? New evidence from PSTR analysis

This study investigates the relationship between environmental pollution and economic growth in the context of renewable energy in OECD countries using the panel smooth transition regression (PSTR) model for 1995–2018. The study finds the value of the threshold variable, calculated as the share of renewable energy use in total energy consumption, to be 7.825%. In this context, economic growth affects the environment negatively and increases environmental pollution when the share of renewable energy use in energy consumption is below the threshold. When this share is above the threshold, it reduces environmental pollution by affecting the environment positively. In addition, the findings reveal a non-linear inverted U-shaped relationship between the environment and economic growth in the context of renewable energy, and the Environmental Kuznets Curve (EKC) hypothesis is valid. Therefore, the widespread use of renewable energy is a solution to reducing environmental pollution. Accordingly, it is very important for policymakers to both highlight and encourage renewable energy use. Furthermore, countries need to both invest in this area and focus on R&D to increase renewable energy production.

     

Do renewable energy and globalization enhance ecological footprint: an analysis of top renewable energy countries?

Environmental Science and Pollution Research - This paper aims at estimating the dynamic impact of renewable and non-renewable energy consumption, globalization, urbanization, and economic growth...     

Does energy consumption contribute to environmental pollutants? evidence from SAARC countries

The objective of the study is to examine the causal relationship between energy consumption and environmental pollutants in selected South Asian Association for Regional Cooperation (SAARC) countries, namely, Bangladesh, India, Nepal, Pakistan, and Srilanka, over the period of 1975–2011. The results indicate that energy consumption acts as an important driver to increase environmental pollutants in SAARC countries. Granger causality runs from energy consumption to environmental pollutants, but not vice versa, except carbon dioxide (CO₂) emissions in Nepal where there exists a bidirectional causality between CO₂ and energy consumption. Methane emissions in Bangladesh, Pakistan, and Srilanka and extreme temperature in India and Srilanka do not Granger cause energy consumption via both routes, which holds neutrality hypothesis. Variance decomposition analysis shows that among all the environmental indicators, CO₂ in Bangladesh and Nepal exerts the largest contribution to changes in electric power consumption. Average precipitation in India, methane emissions in Pakistan, and extreme temperature in Srilanka exert the largest contribution.     

Impact of financial development and technological innovation on the volatility of green growth—evidence from China

Environmental Science and Pollution Research - China’s green growth has shown a trend of fluctuation year by year. Simultaneously, Chinese local governments have pursued simple economic...     

Are renewable energy policies upsetting carbon dioxide emissions? The case of Latin America countries

Environmental Science and Pollution Research - The impact of renewable energy policies in carbon dioxide emissions was analysed for a panel of ten Latin American countries, for the period from 1991...     

The air pollution effect of government economic growth expectations: evidence from China’s cities based on green technology

Environmental Science and Pollution Research - Based on the Government Work Report of 265 prefecture-level cities in China from 2004 to 2015, this article combines economic growth expectations data...     

Does renewable energy consumption contribute to the development of low-carbon economy? Evidence from China

Environmental Science and Pollution Research - Stimulating renewable energy consumption has become a major strategic choice for China to both fulfill the international commitment to reduce carbon...     

Does the potency of economic globalization and political instability reshape renewable energy usage in the face of environmental degradation?

Environmental Science and Pollution Research - Since renewable energy is essentially non-carbohydrate in nature, it can generate little or no pollutants and can therefore help in achieving both...     

Do drivers of renewable energy consumption matter for BRICS economies? Nexus among technological innovation,environmental degradation,economic growth,and income inequality

Environmental Science and Pollution Research - In light of increasing concerns about climate change and energy security, renewable energy has been seen as the most promising solution to fulfil...     

Does energy use and economic growth allow for environmental sustainability? An empirical analysis of Pakistan

Environmental Science and Pollution Research - The rapid growth of environmental pollution and the destruction of eco-systems force every individual economy to focus on environmentally friendly...     

How do trade and economic growth impact environmental degradation? New evidence and policy implications from the ARDL approach

Environmental Science and Pollution Research - Due to various environmental degradation and natural resource depletion around the world, researchers’ and policymakers’ attention has...     

An investigation into the anthropogenic nexus among consumption of energy,tourism, and economic growth: do economic policy uncertainties matter?

Environmental Science and Pollution Research - Global warming has been a pressing issue for the past decade as various economic activities have been flagged and are expected to reduce emissions....     

Impact of energy carriers’ price distortions on energy allocative efficiency: the case study of Iranian provinces

Environmental Science and Pollution Research - Government control distorts energy prices which leads to loss of optimal factor combination and, as a result, affects efficiency. Previous researches...     

Does renewable energy use enhance exchange rate appreciation and stable rate of inflation?

Environmental Science and Pollution Research - The current study is aimed at investigating the relationship between the use of renewable energy, the rate of currency exchange, and the rate of...     

Impact of China’s environmental decentralization on carbon emissions from energy consumption: an empirical study based on the dynamic spatial econometric model

Environmental Science and Pollution Research - Facing the growing problem of carbon emission pollution, the scientific and reasonable division of environmental management power between governments...     

Does economic growth help reduce inequality of water consumption? Insight from evolution and drivers of inequality in water consumption in China

Environmental Science and Pollution Research - Achieving equality in water usage is part of the sixth goal of the 2030 Agenda for Sustainable Development. A comprehensive understanding evolution of...     

Asymmetric macroeconomic determinants of energy intensity in China: does economic development matter?

Environmental Science and Pollution Research - Previously, several studies have tried to analyze the various determinants of energy intensity for different countries and regions. However, none of...     

Does energy consumption,economic growth,urbanization, and population growth influence carbon emissions in the BRICS? Evidence from panel models robust to cross-sectional dependence and slope heterogeneity

Environmental Science and Pollution Research - This paper examined the nexus between economic growth, energy consumption, urbanization, population growth, and carbon emissions in the BRICS...     

Do BRI policy and institutional quality influence economic growth and environmental quality? An empirical analysis from South Asian countries affiliated with the Belt and Road Initiative

Environmental Science and Pollution Research - The effect of quality institutions on growth-environmental nexus is a generally ignored topic, especially in South Asia economies affiliated with the...     

Does financial development mitigate the effects of climate variability on rice cultivation? Empirical evidence from agrarian economy

Environmental Science and Pollution Research - This study is the first attempt to examine the effects of changing climate and financial development on rice cultivation in the context of agrarian...