IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/vpreprintid1437.html
   My bibliography  Save this article

Examining the Effects of Energy Efficiency R&D and Renewable Energy on Environmental Sustainability Amidst Political Risk in France

Author

Listed:
  • Oktay Özkan
  • Babatunde Sunday Eweade
  • Tomiwa Sunday Adebayo

Abstract

The urgent need to address climate change and the depletion of natural resources has led governments worldwide to allocate significant resources towards research and development in clean energy technologies and energy efficiency. This study evaluates the effectiveness of renewable energy and energy efficiency initiatives in reducing CO2 emissions, taking into account the influences of natural resource availability and political risk. Using data from France spanning from 1985 to 2021, we employ the kernel-based regularized least squares (KRLS) methodology, complemented by quantile regression (QR), to analyse these relationships. Our findings indicate that policies promoting energy efficiency and green energy have a positive impact on reducing CO2 emissions. However, the availability of natural resources and political risk exacerbate environmental challenges by increasing CO2 emissions. Thus, our study underscores the importance of continued support from policymakers for renewable energy development and energy efficiency research to effectively pursue Sustainable Development Goals (SDGs). Additionally, as the world prepares for COP28, our findings emphasize the urgency of these initiatives in meeting global climate targets.

Suggested Citation

  • Oktay Özkan & Babatunde Sunday Eweade & Tomiwa Sunday Adebayo, . "Examining the Effects of Energy Efficiency R&D and Renewable Energy on Environmental Sustainability Amidst Political Risk in France," Politická ekonomie, Prague University of Economics and Business, vol. 0.
    • Handle: RePEc:prg:jnlpol:v:preprint:id:1437
    DOI: 10.18267/j.polek.1437
    as

    Download full text from publisher

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.1437.html
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.polek.1437?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:preprint:id:1437. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.