IDEAS home Printed from https://ideas.repec.org/a/taf/reroxx/v35y2022i1p5310-5335.html
   My bibliography  Save this article

Achieving green environment targets in the world’s top 10 emitter countries: the role of green innovations and renewable electricity production

Author

Listed:
  • Wen Jun
  • Nafeesa Mughal
  • Prabjot Kaur
  • Zhaopeng Xing
  • Vipin Jain
  • Phan The Cong

Abstract

The rapid pace of industrialisation and economic development in recent decades is not without its environmental consequences. Electricity production, though an important determinant of economic development, remained under studied in the existing literature and only a few models on the electricity production-environmental degradation nexus are available. As a first attempt, this study examines the impact of renewable and non-renewable electricity generation and eco-innovations on CO2 emissions in the world’s top emitting countries under the umbrella of the Environmental Kuznets Curve (E.K.C.) Hypothesis. Second-generation panel data techniques, i.e., C.I.P.S. and Bai and Carrion-I-Silvestre (2009) unit root tests, Westerlund and Edgerton (2008) and Banerjee and Carrion-i-Silvestre (2017) cointegration techniques and Cross-Sectionally Augmented Distributed Lag Model for short and long run coefficient estimations have been employed in the study. It is found that renewable electricity production and eco-innovations have negative effects, whereas non-renewable electricity production has positive effect on CO2 emission. Moreover, the estimation demonstrated the E.K.C. validation in these countries. It is recommended that fossil fuel dependency in the electricity sector should be reduced by devising policies directed towards green electricity measures. More investment in green innovations to achieve green environment and sustainable growth is also recommended by the study.

Suggested Citation

  • Wen Jun & Nafeesa Mughal & Prabjot Kaur & Zhaopeng Xing & Vipin Jain & Phan The Cong, 2022. "Achieving green environment targets in the world’s top 10 emitter countries: the role of green innovations and renewable electricity production," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 5310-5335, December.
  • Handle: RePEc:taf:reroxx:v:35:y:2022:i:1:p:5310-5335
    DOI: 10.1080/1331677X.2022.2026240
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1331677X.2022.2026240
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/1331677X.2022.2026240?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Fei & Liu, Xiaoyan, 2023. "Resources extraction and geopolitical risk: A novel perspective of World's biggest economies," Resources Policy, Elsevier, vol. 85(PA).
    2. Zhang, Meng-Chen & Lin, Chun-Yu & Wei, Ying, 2023. "Natural resources exploration, efficiency of energy resources and financial development: Resources sector analysis via least square with structural breaks," Resources Policy, Elsevier, vol. 85(PA).
    3. Lv, Zhaojiang & Chen, Lan & Ali, Syed Ahtsham & Muda, Iskandar & Alromaihi, Abdullah & Boltayev, Jurabek Yusufovich, 2024. "Financial technologies, green technologies and natural resource nexus with sustainable development goals: Evidence from resource abundant economies using MMQR estimation," Resources Policy, Elsevier, vol. 89(C).
    4. Haider Mahmood & Muhammad Shahid Hassan & Soumen Rej & Maham Furqan, 2023. "The Environmental Kuznets Curve and Renewable Energy Consumption: A Review," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 279-291, May.

    More about this item

    Statistics

    Access and download statistics

    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:taf:reroxx:v:35:y:2022:i:1:p:5310-5335. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .

    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.