Exploring the links between fossil fuel energy consumption, industrial value-added, and carbon emissions in G20 countries

Huang, Yongming; Kuldasheva, Zebo; Bobojanov, Shakhrukh; Djalilov, Bekhzod; Salahodjaev, Raufhon; Abbas, Shah

doi:10.1007/s11356-022-22605-9

Cited by 36 publications

(19 citation statements)

References 30 publications

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“…The elastic coefficient of nonrenewable energy usage indicates that a 1% change in nonrenewable energy consumption increases CO2 emissions by 0.734%. This result is supported by the findings of AlNemer et al, (2023), Huang et al, (2023), andZafar et al, (2019), who stated that nonrenewable energy consumption increases CO2 emissions. Most developing countries depend on fossil fuel energy sources such as natural gas, petroleum products, coal, and coal-related products that are harmful to the environment.…”

Section: The Regression Resultssupporting

confidence: 75%

Impact of Trade Openness and Energy Consumption on Achieving Carbon Neutrality Targets in Developing Countries

Sakilu,

Chen

2023

Preprint

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It is imperative to assure sustainable development and achieve the carbon neutrality goal to solve the pressing issue of climate change and environmental damage. Therefore, this study examines the impact of export, import, renewable, and nonrenewable energy consumption, economic growth, and population on CO2 emissions for 32 developing countries from 1990 to 2020, with a focus on achieving the carbon neutrality goal of 2050. The study used the fixed effect regression model, the two-step generalized method of moments (GMM), and the quantile regression model to investigate the impact of these variables on CO2 emissions. The empirical result indicates that exports, renewable energy consumption, and the square of economic growth significantly mitigate CO2 emissions, whereas imports, nonrenewable energy consumption, population, and economic growth positively and significantly increase CO2 emissions in developing countries. Besides, the study supports the existence of an inverted U-shaped EKC in developing countries. The Dumitrescu and Hurlin (DH) panel causality test results indicate bidirectional causality running from export, import, renewable energy consumption, nonrenewable energy consumption, economic growth, population, and the square of economic growth to CO2 emissions, respectively. Based on the empirical findings, the study proposed policy recommendations.

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Section: The Regression Resultssupporting

confidence: 75%

Impact of Trade Openness and Energy Consumption on Achieving Carbon Neutrality Targets in Developing Countries

Sakilu,

Chen

2023

Preprint

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“…[175] Ammonia-H2 mixture 2.5 L supercharged LPG 3 engine with direct-fuel injection (fuel injection pressures up to 15 MPa). Compression ratio of 10.5…”

Section: Reducesmentioning

confidence: 99%

“…The focus on reducing CO2 emissions is usually set on fossil sources and their replacement by renewable energy. Reducing the usage of fossil fuels is contradictory to social development since energy consumption is expected to increase along with overall economic development unless a change in energy structure is accomplished along with improvements in energy efficiency [3]. However, the solution is not simple.…”

Section: Introductionmentioning

confidence: 99%

Ammonia Can be Currently Considered as one of the Best Green Energy Ally

González,

Gómez

2024

Preprint

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Ammonia can be considered a relevant compound in the future energy sector, playing a significant role as an energy carrier, storage, or carbon-free fuel. However, the production of this molecule has a high energy demand, and the use of natural gas, which is not free of controversy due to the accidental leakage into the atmosphere produced during extraction and the fact that it is a non-renewable source, contributes to increasing greenhouse gas emissions. Reducing the process’s energy demand and carbon footprint will be essential to making ammonia a clear alternative for a carbon-free economy. Given the vast experience in ammonia production and handling, this gas seems to be the logical step forward in the evolution of the energy sector. However, the current uncertainty in the global market requires cautiousness in decision-making. Several factors may impact economic growth and human welfare, thus needing a careful assessment before taking any transcendental decisions that could affect worldwide energy prices and raw material availability.

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“…Economists are motivated to examine the development of stock markets and how the openness of trade affects economies worldwide, keeping the significant increase in international trade and growth of global financial markets in consideration. It ultimately makes significant contributions to economic expansion , Chacholiadas, 2012, Vehapi et al 2015, Bayar et al 2014, Azam et al 2016, Lazarove et al 2016, and Kajurova and Rozmahel, 2016, Cave et al 2020, Khan et al, 2021, Farooq et al, 2022, Huang et al, 2023. Developing countries are therefore deeming the importance of the capital market.…”

Section: Introductionmentioning

confidence: 99%

Trade Openness, Market Capitalization and Entrepreneurial Ventures: Implications for Business and Industrial Growth of Pakistan

Muhammad Ahsan Bhutta,

Muhammad Ramzan Sheikh,

Irfan Hussain

2024

JEBV

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The activities of entrepreneurs, market capitalization and trade openness have a significant impact on accelerating the process of industrialization in Pakistan. Economic integration is promoted by trade openness by giving access to new markets and technological advancements to local companies that increase competition, productivity and efficiency. The attractiveness of the business environment and the confidence of investors are gauged by market capitalization. A strong market capitalization gives access to funding for growth and innovation by drawing in both domestic and foreign investment. Entrepreneurship drives innovation, employment opportunities and diversification by infusing the economy with validity and invention. Pakistan can unlock its full potential and open the door to sustainable business and industrial growth. The study aims to seek the effect of trade openness, market capitalization and entrepreneurial ventures on industrial value added or industrial growth in Pakistan by taking the time series data over the period 2000-2022. The study has used the Autoregressive Distributive Lag Model (ARDL). The results point out that lending interest rates and taxes have a negative impact on industrial value added while inflation, trade, market capitalization, secondary school enrollment, private sector credit, and energy consumption show a favorable influence on industrial value added. The study has suggested that policymakers need comprehensive strategies for the expansion of the industry, with fiscal policies to manage inflation, foster competitiveness, and promote trade openness and market capitalization.

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Exploring the links between fossil fuel energy consumption, industrial value-added, and carbon emissions in G20 countries

Cited by 36 publications

References 30 publications

Impact of Trade Openness and Energy Consumption on Achieving Carbon Neutrality Targets in Developing Countries

Impact of Trade Openness and Energy Consumption on Achieving Carbon Neutrality Targets in Developing Countries

Ammonia Can be Currently Considered as one of the Best Green Energy Ally

Trade Openness, Market Capitalization and Entrepreneurial Ventures: Implications for Business and Industrial Growth of Pakistan

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