The roles of nuclear energy, renewable energy, and economic growth in the abatement of carbon dioxide emissions in the G7 countries

Nathaniel, Solomon Prince; Alam, Md Shabbir; Murshed, Muntasir; Mahmood, Haider; Ahmad, Paiman

doi:10.1007/s11356-021-13728-6

Cited by 171 publications

(65 citation statements)

References 126 publications

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“…It is evident from the table that the research on the relationship between renewable energy, economic growth and CO 2 emissions in the BRICS nations can be considered limited; hence, the methodologies of this research as well as the comprehensive data set represent the novelty and importance of this study, as it is apparent that the majority of the studies have concentrated on developed and emerging markets, bypassing the BRICS economies. Given the importance of BRICS nations in the global economic system, it is paramount that the above-mentioned relationships are explored in the context of these countries [21,22]. There are volumes of research on the relationship between economic development, use of renewable energy and CO 2 emissions, but to provide a snapshot of previous research on the topic Table 1 was created, containing the summarized form of the most relevant research.…”

Section: Literature Reviewmentioning

confidence: 99%

“…They employed panel spatial SEM and (GS2SLS) on (EU) countries and concluded that there exists a positive relationship between economic development and increase in CO 2 emissions; at the same time, they concluded that use of renewable energy sources seems to greatly reduce the overall level of CO 2 emissions. Shayanmehr [21] and Nathaniel et al [22] had earlier noted the negative impact of CO 2 emissions on the economy in terms of climate change, as they concluded that even a small percentage change in CO 2 emissions tends to have a disastrous impact on food security and overall economic wellbeing of countries. They cited that this change mainly results from the changes in climatic patterns, which harm crops and cause issues of food security which in turn results in economic problems.…”

Section: Literature Reviewmentioning

confidence: 99%

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Impact of Renewable Energy on Economic Growth and CO2 Emissions—Evidence from BRICS Countries

Otero

Sial

et al. 2021

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The global focus on the use of renewable energy resources was mainly reignited by the signing of the Kyoto Protocol Agreement in 1997. Since then, the world has seen a great deal of progress in terms of the production and consumption of renewable energy. This in turn is rapidly powering economic growth and social development around the globe. Contrary to popular belief, the use of renewable energy is not limited to developed countries only. The developing countries are also rapidly endorsing renewable energy as a vital engine of economic growth and societal development. In this regard, even though renewable energy production and consumption are in their infancy in BRICS, these countries are taking concrete steps towards the development of renewable energy resources. The results of previous studies have indicated that with an increase in the GDP of a country its carbon footprint also tends to increase; the Brazil, Russia, India, China, and South Africa (BRICS) countries are no exception in this regard. One of the main challenges in research related to measuring the contribution of renewable energy towards economic growth is the use of a singular model or techniques that may not be appropriate for the generalization of the results. This study intends to overcome this challenge by application of multiple econometric-based models which include the “Cross Dependency” test, the unit root test, and “CIPS” (cross-sectional augmented IPS). Besides these the second generation, stochastic models based upon econometrics, such as the DOLS test (dynamic ordinary least square) and the FMOLS (fully modified ordinary least square) are also applied for verification of the contribution of renewable energy towards the economic growth of the BRICS countries. The novelty of the study mainly stems from fact that these models are seldom applied in tandem and especially in the BRICS countries. The results of the study indicate that the existence of the bi-directional relationship between the use of renewable energy and economic growth is mainly indicated by the increase in GDP, thus lending support to the feedback hypothesis. Moreover, the conservation hypothesis was proven by the existence of a unidirectional causality relationship between the use of renewable energy and CO2 emissions. Alongside these, the study also included sensitivity analysis to gauge the impact of the growth of GDP on the CO2 emissions of BRICS countries, and regression analysis was performed to create an EKC curve which was used to gauge not only the sensitivity but also to help in highlighting the impact of using renewable energy in controlling and reducing CO2 emissions, thus proving the EKC theory. Thus, it can be deduced that increase in CO2 emissions is of major concern for the BRICS countries, which has led them to increase the production of renewable energy. Based upon the findings of the present study it is recommended that policymakers should encourage the use of renewable energy by offering incentives in financial terms, such as interest-free or low-interest loans, subsidies and feed-in tariffs.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Impact of Renewable Energy on Economic Growth and CO2 Emissions—Evidence from BRICS Countries

Otero

Sial

et al. 2021

Processes

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“…The low-carbon power is generated from wind, solar, and hydro, which are known for substantially lower amounts of carbon dioxide emissions when compared to the fossil fuels [10,12]. Nuclear electricity is also suggested as a low-carbon source [15]. However, the role of nuclear power in reducing GHG emissions also faces significant uncertainties [15,16] not to mention those regarding the disposal of nuclear waste and the catastrophic consequences of nuclear accidents [16].…”

Section: Genesis and Ensuing Backgroundmentioning

confidence: 99%

Low-Carbon Materials: Genesis, Thoughts, Case Study, and Perspectives

et al. 2021

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This study focuses the attention on clean energy and low-carbon materials as key enablers in circular economy (CE) transition and a more sustainable path of human development. Environmentally sustainable and socially inclusive economic growth has been suggested by the United Nations Sustainable Development Goals since 1990s. Diverse stakeholders including governments, companies, international organizations, and scientific community are taking action in favor of the CE model. The long-sought sustainable development and CE goals encompass all endeavors of human beings. Currently clean energy transition is well defined in a broader global policy framework in many countries and areas to tackle the climate challenges, whereas materials with a low-carbon footprint are receiving less attention. This opinion article is aimed at critically reviewing the genesis; enabling conditions, some applications, and descriptions of low-carbon materials; and suggesting a way forward along with policy implications.

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“…Accelerating progress of nuclear energetics, becoming more and more essential component of energy generation, is a feature of scientific and technological revolution [8]- [10]. Such a giant development scale of nuclear energetics needs its provision by natural uranium.…”

Section: Introductionmentioning

confidence: 99%

Analyzing changes in a leach solution oxygenation in the process of uranium ore borehole mining

Aben¹,

Toktaruly²,

Khairullayev³

et al. 2021

Min. miner. depos.

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Purpose is to increase uranium content in a PR solution while developing a technique varying oxidation-reduction potential of a leach solution with its oxygenation and identify changes in the oxygenation depending upon sulfuric acid concentration as well as transportation distance of the solution. Methods. A laboratory facility, involving solution tank, pump, Venturi tube, tank to install oxygen analyzer, and a dump tank, has been manufactured under the lab conditions to determine a leach solution oxygenation taking into consideration its delivery rate, sulfuric acid concentration, and temporal preservation of the concentration. Solution flow velocity; the deli-vered solution volume; sulfuric acid concentration; and distance from oxygenation point to a seam changed and varied during the study. Oxygenation was measured with the help of AZ 8403 oximeter; IT-1101 device was used to measure pH value as well as oxidation-reduction potential (ORP). Findings. A technique for a leach solution oxygenation and results of laboratory tests to identify influence of a sulfuric acid as well as transportation distance of a solution on oxygen concentration in the solution have been represented. It has been determined that Venturi tube helps oxygenize a leach solution; in this context, maximum oxygen concentration is achieved if a flow velocity is optimum one. It has been specified that a solution oxygenating depends upon a sulfuric acid concentration decreasing moderately with the increasing distance of the solution transportation. Originality.Following new dependencies have been determined: oxygen concentration in a solution upon a flow velocity and solution volume; and oxygen concentration in a solution upon distance from concentration place and sulfuric acid concentration. Practical implications.A leach solution oxygenation results in the increased oxidation-reduction potential and in the increased content of a useful component in the pregnant solution respectively. The proposed technique is notable for its low capital spending. Moreover, it is integrated easily into the available system being absolutely environmentally friendly.

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The roles of nuclear energy, renewable energy, and economic growth in the abatement of carbon dioxide emissions in the G7 countries

Cited by 171 publications

References 126 publications

Impact of Renewable Energy on Economic Growth and CO2 Emissions—Evidence from BRICS Countries

Impact of Renewable Energy on Economic Growth and CO2 Emissions—Evidence from BRICS Countries

Low-Carbon Materials: Genesis, Thoughts, Case Study, and Perspectives

Analyzing changes in a leach solution oxygenation in the process of uranium ore borehole mining

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