Integration of renewable energy, environmental policy stringency, and climate technologies in realizing environmental sustainability: Evidence from OECD countries

Li, Zeyun; Kuo, Yen‐Ku; Mahmud, Abdul Rahman; Nassani, Abdelmohsen A.; Haffar, Mohamed; Muda, Iskandar

doi:10.1016/j.renene.2022.07.084

Cited by 33 publications

(6 citation statements)

References 52 publications

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“…These are all positive impacts that balance out the initial negative impacts that tight regulation incurs on economic growth and development. In fact, Li et al (2022) found that solar energy, EPS, and climate technology are strongly associated with a rise in sustainable economic growth. Environmental policy: an OECD-MENA analysis…”

Section: Environmentalmentioning

confidence: 99%

“…Findings indicate that an increase in public environmental policy spending has a positive impact on economic growth. Li et al (2022) utilizes a cross section autoregressive distributed lag (ARDL) model to investigate the role of solar energy, EPS, and climate technology in realizing environmental sustainability in OECD economies from 2001 to 2018. The study found that aforementioned variables ensure inclusive and sustainable growth.…”

Section: Introductionmentioning

confidence: 99%

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Investigating environmental policy stringency in OECD countries: implications for the Arab world

Taha¹,

Yousri

Richter³

2023

MSAR

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PurposeAs the world began to witness an unprecedented rate of environmental destruction, economists and international institutions have been toiling away for decades, making every effort to dissect the dynamics of the relationship between the environment and the economy. Many claims have preached that there is a trade-off between environmental wellbeing and economic prosperity, where economic growth would be hindered by environmental protection. As we continue to neglect nature, will the world be capable of maintaining infinitely growing economies without falling into a deficit of natural resources? The foundation of all forms of economic growth springs from nature. Therefore, this study aims to explore the true impact of environmental protection policies on economic performance, and claims that well-designated environmental policies would only strengthen economies.Design/methodology/approachThis study aims to investigate the impact of environmental protection policies on gross domestic product (GDP) growth utilizing a selected sample of 18 OECD countries. Fixed effects panel regression was conducted for the sample from 1998 to 2015.FindingsFindings suggest that an increase in the environmental protection stringency is associated with an increase in GDP in the long-run. Whereas in the short run, more stringent environmental policies have been shown to have a questionable impact on GDP, brought to light by the mixed results portrayed in the short-run data.Research limitations/implicationsWhile it is true that this study has utilized data from the The Organisation for Economic Co-operation and Development (OECD), the findings could be applicable to countries of the MENA region. This is due to the fact that GDP levels of OECD countries and Middle East and North African (MENA) countries have been converging over the past few decades. The convergence suggests that both regions seem to be following similar trends since the year 1990, with an increasing similarity in trend over the years.Originality/valueThis paper empirically proves that the protection of nature is necessary for the sustenance of long-term economic growth. This study also provides an approximate time range of when the economic gains of environmental protection would be realized, specifically in the beginning of a green growth transition. This makes the study findings accurately relevant to Arab countries, where providing a time range is necessary to alleviate some the uncertainty of policymakers in the MENA region towards environmental policies.

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Section: Environmentalmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Investigating environmental policy stringency in OECD countries: implications for the Arab world

Taha¹,

Yousri

Richter³

2023

MSAR

View full text Add to dashboard Cite

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“…Environmental sustainability and its achievement at the national level is one of the key strategic development goals for most world countries, especially for those that are the largest environmental pollutants or the largest consumers and producers of fossil fuels [8].…”

Section: Introductionmentioning

confidence: 99%

“…Environmental sustainability implies the maximum possible reduction of anthropogenic impact on the environment through the development of green energy (solar energy, wind energy, bioenergy, geothermal energy, etc. ), increased energy efficiency, rational use of natural resources, the transition of some industries to a circular economy and an increase in public awareness of environmental protection and climate conservation [8][9][10]. Most often, national programs are implemented in each of the above areas or regulations and standards are introduced to stimulate the transition to the principles of sustainable development.…”

Section: Introductionmentioning

confidence: 99%

Family ISO 14000 standards as a tool of achieving environmental sustainability of enterprises

Karaeva

Tolkou

Cioca

et al. 2023

IOP Conf. Ser.: Earth Environ. Sci.

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Environmental sustainability and its achievement at the national level is one of the key strategic development goals for most countries who are the largest environmental pollutants. Environmental sustainability implies the maximum possible reduction of negative environmental impact through the development of green energy, the increase in energy efficiency, the rational use of natural resources, the introduction of the principles of circular economy and increasing public awareness of environmental protection and climate conservation. There are many administrative tools to encourage enterprises worldwide to switch to a more environmentally friendly direction of its operating and development, among which is the introduction of international standards and subsequent certification of the enterprises. In addition to such obvious advantages as the introduction of effective environmental management systems, compliance with requirements in the field of environmental audit and monitoring, certification allows to increase credibility in the face of consumers and partners that leads to a favorable reputational effect. The objective of this study is to review and analyze the family ISO 14000 standards and assess their role in achieving environmental sustainability of enterprises. The authors determined the degree of influence of groups of standards on the achievement of environmental sustainability and identified their benefits and drawbacks.

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“…Oil plays to support of economic growth in the world and is the most widely used energy by producers in various parts of the world (Khan et al, 2022 andLi et al, 2022). Oil is used as a fuel for transportation and also as a driving force for industrial machinery in companies in the world.…”

Section: Introductionmentioning

confidence: 99%

The panel data regression : relationship of the exports, imports and intake of oil reserves son oil production levels in southwest asian countriesto contribute to state revenue (The implement of International Trade Theory)

Rahman¹,

Muda²,

Caroline³

et al. 2022

J. Professional Business Review

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Purpose :The paper aims to test the connectionthe exports, imports of oil reserves at Southwest Asia in 2016 to 2019. The data used is secondary data from 8 countries in Southwest Asia, obtained from databank.worldbank.org. Theoritical Framework :The panel data combination from the same partial observed withThe Common, Fixed and Random Effect Model test. Design/Methodology/Approach :The relationship and compile the percentage modeling of exports, imports, and refining intake to the level of oil production in Southwest Asian countries. The eviews software data processing application. Due to the increasing world oil demand, it is necessary to know the estimated level of oil production in the 2016 to 2019 period. Based on these conditions, variable assumptions that affect each other are used, namely exports, imports, and exports. distillation intake through approaches. Findings :The production and the independent variable has a relationship with each other. Through t-statistical test data, import variables (X1), export variables (X2), oil reserves intake variables(X3) through hypotheses H0 (no effect) and H1 (influence), show a probability of less than 5% which has a significant effect on production (Y) oil in West Asia. Research implication :The results of this study contribute to and support The International Trade Theory. Practical implication :When a country can establish friendship, it is possible to happen as in the political, cultural, educational, and so on. So indirectly it can help meet the needs in other sectors besides the economy. Social implication :The benefits that can be received by countries from international trade are increased prosperity and increased social status. Prosperity can be observed from the economic activities carried out by producers, consumers, and the government who both benefit. All three of them felt the prosperity of this activity. Originality/Value : The peculiarity of this research is that it examines selected Asian countries that have not been carried out in previous studies and proves the robustness of the International Trade Theory.

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Integration of renewable energy, environmental policy stringency, and climate technologies in realizing environmental sustainability: Evidence from OECD countries

Cited by 33 publications

References 52 publications

Investigating environmental policy stringency in OECD countries: implications for the Arab world

Investigating environmental policy stringency in OECD countries: implications for the Arab world

Family ISO 14000 standards as a tool of achieving environmental sustainability of enterprises

The panel data regression : relationship of the exports, imports and intake of oil reserves son oil production levels in southwest asian countriesto contribute to state revenue (The implement of International Trade Theory)

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