Role of green technology, environmental taxes, and green energy towards sustainable environment: Insights from sovereign Nordic countries by CS-ARDL approach

Sharif, Arshian; Kartal, Mustafa Tevfik; Bekun, Festus Victor; Pata, Uğur Korkut; Chan, Ling-Foon; Depren, Serpil Kılıç

doi:10.1016/j.gr.2023.01.009

Cited by 153 publications

(39 citation statements)

References 85 publications

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“…Many researchers have focused on CO 2 emissions in recent studies (see, e.g., Adebayo, Ullah, et al, 2023; Kartal et al, 2023; Sharif et al, 2023), but CO 2 emissions do not include the economic dimension of pollution. In this content, the response variable of this paper is carbon efficiency, which is chosen in this paper as an indicator of ecological quality instead of stereotypical CO 2 emissions because it encompasses both environmental and economic human impacts.…”

Section: Data Model Construction and Methodsmentioning

confidence: 99%

Carbon efficiency in China: Should we be concerned about the shadow economy and urbanization?

2023

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Reducing carbon emissions is critical to achieving a carbon‐neutral world according to the Glasgow Climate Pact, but production, and thus carbon emissions, must continue to meet the needs of the world's growing population. Minimizing carbon emissions per production, that is, increasing carbon efficiency is one way to support the Sustainable Development Goals. Therefore, studying the determinants of carbon efficiency for China, the largest global polluter, is important for zero carbon goals. To this end, this study examines the effects of the shadow economy, globalization, trade openness and urbanization on carbon efficiency using novel dynamic autoregressive‐distributed lag simulations for China during 1990–2018. The empirical results illustrate that (i) the environmental Kuznets curve (EKC) hypothesis is not valid; (ii) Shadow economy, trade openness and urbanization reduce carbon efficiency and (iii) Globalization enhances carbon efficiency. Based on these results, it is suggested that the Chinese government should combat the shadow economy to increase carbon efficiency, regulate unplanned and polluting urbanization in a green manner, reduce carbon intensity in foreign trade, and benefit from environmental technologies provided by globalization.

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Section: Data Model Construction and Methodsmentioning

confidence: 99%

Carbon efficiency in China: Should we be concerned about the shadow economy and urbanization?

2023

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“…RE sources and their environmental impacts are the focus of interest for empirical researchers. Bekun et al (2021) for the E7 countries, Pata (2021b) for the United States, Adebayo et al (2023) and Balsalobre-Lorente (2023) for BRICS countries, Hasanov et al (2023) for Azerbaijan, and Pata et al (2023) for six ASEAN countries, and Sharif et al (2023) for five Nordic countries substantiated the beneficial role of RE sources in CO 2 mitigation. Bekun et al (2022) also used various time series approaches and concluded that RE mitigates CO 2 emissions in India.…”

Section: Literature Reviewmentioning

confidence: 84%

A Sustainable Development Assessment for the Load Capacity Factor and Carbon Footprint in India: The Role of Information and Communication Technologies, Renewable Energy, and Structural Changes

Pata,

Destek

2023

The Journal of Environment & Development

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The increase in India’s carbon emissions and the decline in its environmental quality are a threat to the realization of the global sustainable development goals (SDGs). Minimizing the negative environmental impacts from fossil fuels through analysis of the determinants of India’s ecological quality is an important research topic. The objective of this study is to examine the impact of information and communication technologies (ICT), renewable energy, and structural changes on environmental quality in India. In this context, the study uses the novel Fourier quantile causality test for the period 1995m1-2021m12. The results of the study show that structural changes have no impact on carbon footprint and load capacity factor, while renewable energy and ICT contribute to the improvement of environmental quality. Based on the findings of the study, the Indian government is recommended to rise investment in ICT and renewable energy to pursue a growth strategy in line with the SDGs.

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“…Meanwhile [ 32 ], revealed that REC in BRICS nations mitigates environmental degradation from 1992 to 2018. Using the CS-ARDL technique [ 33 ], tested the impact of REC on the ecological environment in sovereign Nordic countries. The results show a significant interconnection between REC and ecological integrity that is found to be beneficial.…”

Section: Synopsis Of Studiesmentioning

confidence: 99%

The potency of natural resources and trade globalisation in the ecological sustainability target for the BRICS economies

Adebayo¹,

Samour²,

Alola³

et al. 2023

Heliyon

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Role of green technology, environmental taxes, and green energy towards sustainable environment: Insights from sovereign Nordic countries by CS-ARDL approach

Cited by 153 publications

References 85 publications

Carbon efficiency in China: Should we be concerned about the shadow economy and urbanization?

Carbon efficiency in China: Should we be concerned about the shadow economy and urbanization?

A Sustainable Development Assessment for the Load Capacity Factor and Carbon Footprint in India: The Role of Information and Communication Technologies, Renewable Energy, and Structural Changes

The potency of natural resources and trade globalisation in the ecological sustainability target for the BRICS economies

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