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Resources utilization, taxation and green education: A path to sustainable power generation

Author

Listed:
  • Cheng, Yue
  • Zhao, Gongyan
  • Meng, Wentao
  • Wang, Qianrong

Abstract

This study addresses the environmental and sustainability challenges arising from coal dependency in high-income Asian economies. Employing the CUP-FM estimation technique, it investigates the complex relationships among coal consumption, sustainable power generation, and green taxation from 2000 to 2020. The findings indicate that coal usage hampers green power generation due to its carbon-intensive nature, greenhouse gas emissions, and resource diversion from green energy projects. Conversely, a higher environmental tax ratio encourages cleaner energy alternatives and supports green infrastructure. Government investment in education enhances environmental awareness, while the growing number of internet users unintentionally increases energy demand. Urbanization presents mixed effects on energy consumption and sustainability. Importing green components significantly boosts green electricity generation through advanced technology and international collaboration. To tackle these challenges, high-income Asian economies should adopt a comprehensive policy approach focusing on coal efficiency, green taxation, sustainable education, digital transformation, and smart and sustainable urban development.

Suggested Citation

  • Cheng, Yue & Zhao, Gongyan & Meng, Wentao & Wang, Qianrong, 2024. "Resources utilization, taxation and green education: A path to sustainable power generation," Resources Policy, Elsevier, vol. 88(C).
    • Handle: RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723011005
    DOI: 10.1016/j.resourpol.2023.104389
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    More about this item

    Keywords

    Sustainable power generation; Coal consumption; Green taxation policy; High-income asian economies; Panel analysis; Green education;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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