Towards Achieving Environmental Sustainability: The Role of Nuclear Energy, Renewable Energy, and ICT in the Top-Five Carbon Emitting Countries

Abstract

In the era of globalization, the incidence of global warming emerges from the issue of climate change, which attracts the attention of several scholars to attain sustainability with respect to ensuring sufficient energy access and diminishing environmental adversities. However, in view of these circumstances, this study examines the heterogenous impacts of nuclear energy, renewable energy, and information and communication technologies (ICTs) on pollution emissions reduction for the top-five emitter countries, covering the data from the period from 1995–2017. This study employs an advanced panel quantile regression model that takes into account both unobserved individual heterogeneity and distributional heterogeneity. The findings illustrate that the effect of all the selected explanatory variables on CO2 emissions is heterogenous along the quantiles. Our outcome supports the notion that nuclear energy consumption is insignificant in contributing to lower environmental pollution. Renewable energy consumption and ICT significantly decrease the carbon emissions of emitter economies, but the negative influence is more robust at the quantiles level (0.30–0.80) and (0.10, 0.20), both factors correct the environmental pollution in the five emitter countries. Finally, the findings of the study provide crucial policy recommendations to policymakers.

Carbon emission reduction potential of renewable energy, remittance, and technological innovation: empirical evidence from China

“…This indicates that China's efforts to stimulate its economy through techniques that aren't environmentally friendly are counterproductive to the country's efforts to achieve carbon neutrality. This result is consistent with the claims made by Liu et al (2017b), Azam et al (2022), , , , Raihan and Tuspekova (2022b), Raihan and Tuspekova (2022e), Raihan and Tuspekova (2022f), Raihan and Voumik (2022), Raihan and Tuspekova (2022g), , Tuspekova (2022i), andZafar et al (2022) in which the authors argued that economic development degrades environmental quality. The availability of affordable, reliable energy sources is also crucial to the success of any economy (Raihan & Tuspekova, 2022j).…”

“…For instance, Raihan and Tuspekova (2022a) reported a positive relationship between economic growth and CO2 emissions while a negative relationship between renewable energy use and CO2 emissions in Peru utilizing the data over 1990-2018. By using an advanced panel quantile regression model, Azam et al (2022) reported a positive relationship between economic growth and CO2 emissions, and a negative relationship between renewable energy and CO2 emissions in the top-five emitter countries, covering the data from the period from 1995 to 2017. By utilizing data from 1990 to 2019, reported a positive relationship between economic growth and CO2 emissions, and a negative relationship between renewable energy and CO2 emissions in Argentina.…”

The role of distinct electricity sources on pollution abatement: Evidence from a wide global panel

“…Similar findings were reported by (Iwata, et al, 2012) for 11 OECD countries, in whose case a positive impact of nuclear power on carbon dioxide emissions was found only in Finland, Japan, Korea and Spain (Hassan, et al, 2020). studied BRICS countries between 1993 and 2017 and found that nuclear energy, although effective for emissions reduction, is suboptimal to renewable energy in fostering declines in pollution (Azam, et al, 2022). confirm the insignificant contribution that nuclear energy makes to mitigating environmental pollution for the top five polluting countries (China, United States, India, Japan, and South Korea), albeit accompanied by a strong positive impact of renewable energy consumption on emissions.…”

Forecasting Crude Oil Consumption in Poland Based on LSTM Recurrent Neural Network

“…In addition, many countries in Europe and around the world are rebuilding their energy systems under the influence of the increasingly stronger impact of globalization processes, which include shaping national energy strategies aimed at European Union (EU) climate and energy policy, including its long-term vision of striving for EU climate neutrality by 2050, and regulatory mechanisms stimulating the achievement of such effects in the coming decades [28]. Achieving a reliable energy supply and environmental sustainability have become a global effort [29,30]. Achieving the EU's 2020 and 2030 climate and energy goals is key to a low-carbon energy transition, and this also applies to the transport sector, which is in the process of leading shifts in an attempt to alleviate the problems of climate change and air pollution [31].…”