Environmental taxes, energy consumption, and environmental quality: Theoretical survey with policy implications

Shahzad, Umer

doi:10.1007/s11356-020-08349-4

Cited by 250 publications

(123 citation statements)

References 109 publications

Supporting

Mentioning

108

Contrasting

Unclassified

Order By: Relevance

“…Production facilities and level of income include the deployment of essential labor, resources, and energy inputs (Stern 2000;Shahzad 2020). Currently, as energy is used as fossil fuels, oil, coal, gas, and renewables for production services, it has various impacts on the environment Sarwar et al 2019).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

“…For estimation of the relationship between renewable and nonrenewable energy on CO 2 emissions, economic growth, trade, and interaction between economic growth and renewable energy consumption we have proposed a similar model to Dogan and Seker (2016c); Danish, Zhang, B. ; Shahzad (2020). The relationship between the above variables is definite as follows;…”

Section: Model Constructionmentioning

confidence: 99%

“…It is a common perception with growing economies, that the requirement for energy increases, so increased fossil fuel consumption abolishes the positive effect of renewable energy in reducing environmental pressure (Balsalobre-Lorente et al 2018). The impact of technology transfer from other parts of the world on environmental quality can be either positive or negative, since modern, renewable technology will generate less pollution, thus protecting the environment (Sinha and Shahbaz 2018;Shahzad 2020). On the other hand, due to weak environmental standards, poor quality technology transfer from other countries with low standards may produce a huge amount of pollution (Dogan and Seker 2016b;Sinha, Sengupta, and Alvarado 2020).…”

Section: Model Constructionmentioning

confidence: 99%

“…Fluctuations in fossil fuel and energy prices lead to increasing environmental problems (Fatima, Xia, and Ahad 2019;Shahzad 2020). Therefore, most countries are interested in policies that focus on minimizing their dependency on fossil fuel; consequently the environmental pressure would decrease.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Renewable and nonrenewable energy consumption, trade and CO₂ emissions in high emitter countries: does the income level matter?

Fatima

Shahzad

Cui

2020

Journal of Environmental Planning and Management

Self Cite

139

View full text Add to dashboard Cite

This study analyzes the effects of increased income and renewable energy on environmental quality, which has been ignored in the existing literature. An important contribution of this study is to analyze the role of renewable and nonrenewable energy in relation to the rising level of carbon emissions in the leading emitting countries. This research further examines the heterogeneous impacts of rising income levels and EKC investigation for CO 2 emissions. The Kao cointegration, generalized method of moments (GMM), random effects, fixed effect (FE) regression models, and panel causality techniques are employed for panel data estimations. The empirical outcomes mention that an increase in income moderates the ratio of consumption of renewable energy to CO 2 emissions. Increased income contributes more to the energy mix, which contributes to environmental pollution, through nonrenewable energy. This research reports policy-relevant critical masses beyond which an increase in income negatively affects the link between renewable energy and CO 2 emissions.

show abstract

Section: Theoretical Frameworkmentioning

confidence: 99%

Section: Model Constructionmentioning

confidence: 99%

Section: Model Constructionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Renewable and nonrenewable energy consumption, trade and CO₂ emissions in high emitter countries: does the income level matter?

Fatima

Shahzad

Cui

2020

Journal of Environmental Planning and Management

Self Cite

139

View full text Add to dashboard Cite

show abstract

“…To mitigate the greenhouse gas and CO 2 emissions, the international organization (United Nations (UN), European Union (EU), Intergovernmental Panel on Climate Change (IPCC), Organization for Economic Co-operation and Development (OECD) have recommended several policies and administrative reforms, energy transformation, environmental related taxes, carbon-tax, emission standards, and emission trading schemes. Among these methods, economists and international organizations strongly recommend the tax on carbon emissions, which is a gainful tool for achieving a given reduction target [2]. The tax on carbon emissions is imposed on polluting energies and related products such as coal, oil, and gas and is based on their share of CO 2 emissions.…”

Section: Introductionmentioning

confidence: 99%

Exploring the Role of Carbon Taxation Policies on CO2 Emissions: Contextual Evidence from Tax Implementation and Non-Implementation European Countries

et al. 2020

Self Cite

View full text Add to dashboard Cite

During the past decades, environmental related taxes, energy, and carbon taxes has been recommended by environmental scientists as a policy tool to mitigate pollutant emissions in developed and developing economies. Among developed nations, Denmark, Finland, Sweden, the Netherlands, and Norway were the first regions to adopt a tax on carbon dioxide (CO2) emissions and research into the impacts of carbon tax on carbon emissions bring significant implications. The prime objective and goal of this work is to explore the role of carbon tax reforms for environmental quality in European economies. This is probably the first study to conduct a comparative study in European context for carbon-tax implementation and non-implementation policies. To this end, the present study reports new conclusions and implications regarding the effectiveness of environmental regulations and policies for climate change and sustainability. In the present study, the authors exhaustively explore the impacts of the carbon-tax on the mitigation of CO2 emissions. Using the propensity score matching method, the results of the estimation of the different matching methods allow us to observe a positive and significant impact of the adoption of the carbon-tax on stimulating the reduction of carbon emissions.

show abstract

Can financial innovation and environmental policy curb transport‐based CO₂ emissions? An advanced panel analysis

Du,

Rasool,

Ali

et al. 2024

Geological Journal

View full text Add to dashboard Cite

The escalating levels of CO2 emissions from the transportation sector have been observed to exert deleterious effects on human well‐being and environmental sustainability. To mitigate these emissions, it is imperative to consider the potential contributions of environmental policies and financial innovation. Thus, this study examines the effects of financial innovation and environmental policy (environmental tax–environmental technology) on transport‐related CO2 emission (TCO2E) for BICS (i.e., Brazil, India, China and South Africa), which are characterized by substantial industrialization, rising TCO2E and growing environmental concerns. The analysis is complemented by including control variables, notably economic growth and the transition to cleaner energy, to offer a nuanced and holistic perspective on the dynamics governing this critical subject matter. The research adopts a novel econometric approach cross‐sectionally augmented auto‐regressive distributed lags for benchmark estimation and fully modified ordinary least squares–dynamic ordinary least squares for robustness analysis from 2000/Q1‐2018/Q4. The findings revealed that financial innovation and economic growth bolster TCO2E and decrease environmental quality in the region. In contrast, environmental tax, environmental innovation and energy transition decrease TCO2E. Based on findings, policy suggestions relating to implementing a carbon tax, promoting green financial innovation and others are discussed to decrease TCO2E.

show abstract

Environmental taxes, energy consumption, and environmental quality: Theoretical survey with policy implications

Cited by 250 publications

References 109 publications

Renewable and nonrenewable energy consumption, trade and CO₂ emissions in high emitter countries: does the income level matter?

Renewable and nonrenewable energy consumption, trade and CO₂ emissions in high emitter countries: does the income level matter?

Exploring the Role of Carbon Taxation Policies on CO2 Emissions: Contextual Evidence from Tax Implementation and Non-Implementation European Countries

Can financial innovation and environmental policy curb transport‐based CO₂ emissions? An advanced panel analysis

Contact Info

Product

Resources

About

Environmental taxes, energy consumption, and environmental quality: Theoretical survey with policy implications

Cited by 250 publications

References 109 publications

Renewable and nonrenewable energy consumption, trade and CO2 emissions in high emitter countries: does the income level matter?

Renewable and nonrenewable energy consumption, trade and CO2 emissions in high emitter countries: does the income level matter?

Exploring the Role of Carbon Taxation Policies on CO2 Emissions: Contextual Evidence from Tax Implementation and Non-Implementation European Countries

Can financial innovation and environmental policy curb transport‐based CO2 emissions? An advanced panel analysis

Contact Info

Product

Resources

About

Renewable and nonrenewable energy consumption, trade and CO₂ emissions in high emitter countries: does the income level matter?

Renewable and nonrenewable energy consumption, trade and CO₂ emissions in high emitter countries: does the income level matter?

Can financial innovation and environmental policy curb transport‐based CO₂ emissions? An advanced panel analysis