Can utilising renewable and nuclear energy harness the environmental sustainability agenda of the G7 countries? The importance of undergoing clean energy transition

Murshed, Muntasir; Khan, Aarif Mohammad; Khan, Uzma; Khan, Mohammad Shahfaraz; Parvin, Rawnaq Ara

doi:10.1080/01430750.2022.2159872

Cited by 12 publications

(1 citation statement)

References 82 publications

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“…For instance, Indonesia has a poverty rate of 9.5%, with 2.3% of employed people below the $1.90 purchasing power parity (PPP) expected in 2022, according to the Asian Development Bank (2023). Murshed et al (2023b) emphasize the importance of the 2030 agenda's commitment to adopting nationally determined decarbonisation strategies. This agenda comprises Seventeen Sustainable Development Goals (SDGs) that aim to tackle various aspects of sustainable development, spanning social, economic, and environmental realms.…”

Section: Introductionmentioning

confidence: 99%

Strategic Integration: Fostering Sustainability in Low-Income Country through Poverty Alleviation, Carbon Efficiency, Energy and Economic Resilience

Al-Dhubaibi,

Khan,

Sharaf-Addin

et al. 2024

IJEEP

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This study emphasizes the critical importance of strategic integration for sustainable development goals (specifically Goals 1 and 2) in low-income countries (LICs). The research uses econometric models to focus on poverty reduction, economic resilience, energy use, and carbon emissions in Indonesia from 1996 to 2022. The study reveals a long-run co-integration among the estimated parameters, with a significant speed of adjustment at a 1.04% level. ECM models highlight a positive relationship between energy use, poverty, and carbon emissions while indicating a negative association between economic growth and carbon emissions. Robustness checks support these findings, including Fully Modified Ordinary Least Squares (FMOLS) and Canonical Co-Integrating Regression (CCR). Granger causality analysis reveals a unidirectional causality from energy use to carbon emissions and economic growth, along with one-way causation from carbon emissions to economic growth and poverty. Diagnostic tests affirm the model's reliability. The study's outcomes contribute valuable insights to the discourse on strategic integration, offering policymakers and stakeholders guidance in formulating sustainable development strategies tailored to the unique challenges encountered by low-income countries.

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Section: Introductionmentioning

confidence: 99%

Strategic Integration: Fostering Sustainability in Low-Income Country through Poverty Alleviation, Carbon Efficiency, Energy and Economic Resilience

Al-Dhubaibi,

Khan,

Sharaf-Addin

et al. 2024

IJEEP

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Evaluating the role of renewable energy and technology innovations in lowering CO2 emission: a wavelet coherence approach

Mehmood

Tariq

Haq

et al. 2023

Environ Sci Pollut Res

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Mitigating ecological footprint in BRICS countries: unveiling the role of disaggregated clean energy, green technology innovation and political stability

Behera,

Sucharita

et al. 2024

Discov Sustain

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BRICS nations as emerging economies have undergone a substantial structural transformation; however, achieving economic growth while sustaining the ecology is a pressing challenge for these economies. Nonetheless, one of the possible ways to achieve ecological sustainability is to promote clean energy use and green innovation backed by a strengthened political system. Thus, this study assesses the effect of disaggregated clean energy use (hydro and nuclear energy), green technology innovation, and political stability on the ecological footprint in BRICS countries from 1993 to 2022 while controlling for the impacts of natural resources rent, population growth, and GDP per capita. Using dynamic fixed effect and CS-ARDL estimators, the outcomes reveal that hydro and nuclear energy use and political stability induce the ecological footprint in BRICS countries. However, the empirical findings indicate that green technology innovation substantially reduces the ecological footprint. Therefore, from a policy perspective, the study encourages policy coordination among BRICS countries to embrace targeted policies to strengthen regulatory frameworks, promote innovations in technological know-how, and encourage the utilization of clean and sustainable energy to foster environmental sustainability. Graphical Abstract

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Can utilising renewable and nuclear energy harness the environmental sustainability agenda of the G7 countries? The importance of undergoing clean energy transition

Cited by 12 publications

References 82 publications

Strategic Integration: Fostering Sustainability in Low-Income Country through Poverty Alleviation, Carbon Efficiency, Energy and Economic Resilience

Strategic Integration: Fostering Sustainability in Low-Income Country through Poverty Alleviation, Carbon Efficiency, Energy and Economic Resilience

Evaluating the role of renewable energy and technology innovations in lowering CO2 emission: a wavelet coherence approach

Mitigating ecological footprint in BRICS countries: unveiling the role of disaggregated clean energy, green technology innovation and political stability

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