The role of innovations and renewable energy consumption in reducing environmental degradation in OECD countries: an investigation for Innovation Claudia Curve

Dose institutional quality influences the relationship between urbanization and CO2 emissions?

As a result of rapid economic expansion, increased energy use, and urbanization, global warming and climate change have become serious challenges in recent decades. Institutional quality can be the remedy to impede the harmful effect of factors on environmental quality. This study investigates the impact that urbanization and institutional quality on environmental quality in in the Belt and Road Initiative (BRI) countries from 2002 to 2019. By using two step generalized method of moment, the findings shows that urbanization leads to an increase in carbon dioxide emissions and a decline in environmental quality. On the other hand, the square term of urbanization indicates that an increase in urbanization leads to a reduction in emissions at a later stage after reach a certain level. Education, on the other hand, has the reverse impact of increasing carbon emissions; economic growth, foreign direct investment, and government effectiveness all boost carbon emissions. In a similar vein, the interaction between urbanization and the effectiveness of the government is unfavorable, underscoring the transformative role that the effectiveness of the government plays in leading to environmental sustainability. Finally, the findings of this study have considerable policy implication for the sample countries.

Examining the Energy-Environmental Kuznets Curve in OECD Countries Considering their Population

This research aims to examine the validity of the Environmental Kuznets Curve (EKC) hypothesis in 37 Organization for Economic Co-operation and Development (OECD) countries over the period from 1960 to 2019. Panel Quantile Regressions (QR) show that for the lower quartile, economic growth does not impact emissions; for the central quartile a U-shaped curve emerges; while for the upper quartile, an N-shaped curve is found. In addition, cointegrating regressions highlight that economic growth, fossil fuel consumption, and population exert a detrimental effect on the environment, while renewable energy consumption reduces carbon dioxide (CO2) emissions. These results are confirmed by panel causality tests since a feedback mechanism is found between CO2 emissions and the remaining series. Furthermore, single-country estimates provide evidence of great variability in the sample.

How can environmental degradation and income disparities influence national health: an eye bird view on China's provinces

Growing socio-economic disparity is a global issue that could disturb community health. Numerous case studies have examined the health influences of income disparities as well as the patterns that implicate those disparities. Therefore, this study attempts to examine the core determinants of mortality rate, which are environmental degradation, green energy, health expenditures, and technology (ICT) for the 25 provinces of China over the period of 2005-2020. This study uses a series of estimators to investigate the preferred objectives in which CS-ARDL and common correlated effect mean group (CCE-MG). Estimated results show the significant contribution of environmental deterioration and income inequality to the mortality rate. Furthermore, health expenditures, ICT, and green energy significantly reduce the mortality rate. Similarly, the moderate effect of income inequality on health expenditure, green energy, and ICT significantly reduces the mortality rate in selected provinces of China. More interestingly, the current study suggests policy implications to reduce the rising trend of mortality rate.

The role of quality institutions and technological innovations in environmental sustainability: Panel data analysis of BRI countries

The majority of countries struggle to accomplish sustainable development and environmental sustainability; nevertheless, environmental degradation issues can be resolved by enhancing technological innovations and institutional effectiveness. This study assesses the impact of technological innovations and institutional quality on carbon dioxide emission in the Belt and road initiative countries for the time period of 2002 to 2019. Fixed effect, OLS, and generalized method of moment estimators were applied to the panel data for analysis. The results shows that energy from fossil fuels, economic growth and technological innovations increase environmental degradation by rising carbon dioxide emission. Renewable energy consumption, the rule of law, and the quality of institutions make a significant contribution to the improvement of environmental quality. In particular, the Environmental Kuznets Curve and Innovation Claudia curve is valid in the Belt and Road Initiative countries. In the presence of quality institutions, countries can achieve sustainable growth and environmental sustainability by expanding their use of green technology and renewable energy. The findings provide suggestions to the sample countries on the improvement of institutional framework and technological innovations in order to achieve sustainable development.

The relationship between renewable energy consumption, technological innovations, and carbon dioxide emission: evidence from two-step system GMM

Large amount of energy use for rising economic growth leads to high carbon dioxide discharge that worsens environmental quality which is a challenge for countries in achieving sustainable development. Improved level of technological innovations and renewable energy consumption might overcome the issue of environmental degradation and achieving sustainable development. This study examines the effect of technological innovations on renewable energy consumption and carbon dioxide emission in the belt and road initiative countries for the period of 1995 to 2019. Two-step difference and two-step system GMM models were employed for analysis where the results indicate that technological innovations increase renewable energy consumption and carbon dioxide emission. The effect of renewable energy consumption and trademark applications on carbon dioxide is negatively significant that raises environmental quality. Furthermore, this study confirms the validity of Environmental Kuznets curve hypothesis in the sample countries. The findings of this study have considerable policy implication for the sample countries on rising technological innovations and renewable energy consumption in achieving environmental sustainability.

The role of financial development and institutional quality in environmental sustainability: panel data evidence from the BRI countries

The belt and road countries are mostly emerging and developing countries and heading to attain economic prosperity; however, this development process leads to ecological footprint. The factors of ecological footprint need to be identified and sound level of quality institutions might be helpful to overcome the issue of environmental degradation. Utilizing data from 1985 to 2019 of the belt and road initiative (BRI) countries, this study explores the effect of institutional quality indicators and financial development on carbon dioxide emission by including energy consumption and economic growth to the model. By using OLS, fixed effect, and two-step generalized method of moments, the results indicate that financial development, economic growth, and energy consumption increase carbon dioxide emission and degrade environmental quality. Three out of six institutional quality indicators that include government effectiveness, voice and accountability, and corruption control effect carbon dioxide emission positively, while the other three that include rule of law, regulatory quality, and political stability significantly rise environmental quality. The interaction terms of voice and accountability, government effectiveness, and political stability with financial development also give negative coefficients and reduce emission; however, the interaction of control of corruption with financial development is positive and the interaction of rule of law and regulatory quality with carbon dioxide is insignificant. The findings have considerable policy implication for the sample countries on each individual institutional quality indicator and financial institutions in rising environmental sustainability.

Linking natural resources, innovations, and environment in the Belt and Road Initiative countries using dynamic panel techniques: the role of innovations and renewable energy consumption

The issue of natural resources and environment are a matter of clashing argument in recent studies. An increase in natural resources raises economic growth which in turn increases carbon emission, that is a challenge for environmental sustainability. There is a lack of research on weather innovations playing any important role by acquiring renewable energy sources, enhancing energy efficiency, and boosting economic growth by lowering the use of natural resources to raise environmental quality. Consequently, this study investigates the effect of natural resources, innovations, economic growth, and renewable energy consumption on carbon dioxide emission in 39 Belt and Road Initiative countries from 1981 to 2019. OLS, fixed effect, and generalized method of moments models were used for analysis, where the results indicate that natural resources, innovations, and economic growth significantly increase carbon dioxide emission, while renewable energy reduces emission and raises environmental quality. The square term of natural resources is negative; thus, it indicates that natural resource use reduces emission when it reaches a certain level. Likewise, our results validate the Environmental Kuznets Curve hypothesis in the Belt and Road initiative countries. The findings have considerable policy implications for the Belt and Road countries regarding natural resource use, innovations, and renewable energy consumption.

The Impact of Natural Gas, Oil, and Renewables Consumption on Carbon Dioxide Emissions: European Evidence

Natural gas has returned to prominence in the agenda of European countries since the beginning of the invasion of Ukraine by Russia in 2022. However, natural gas is a fossil source with severe environmental implications. This paper aims to verify the impact of natural gas on carbon dioxide (CO2) emissions for a European panel from 1993 to 2018 for sixteen countries. An Autoregressive Distributed Lag (ARDL) model in the form of an unrestricted error correction model was used to identify the short-run impacts, the long-run elasticities, and the speed of adjustment of the model. The results indicate that in the short-run, natural gas has a negligible impact on CO2 emissions when faced with oil consumption (6.7 times less), whereas the consumption of renewables and hydroelectric energy proved to be able to decrease the CO2 emissions both in the short- and long-run. The elasticity of oil consumption is lower than the unit, indicating that efficiency gains have been achieved during the process of the energy transition to clean energy sources. If economies use non-renewable energy, governments must continue to prefer natural gas to oil. Renewables and hydroelectric consumption must be used to revert the path of CO2 emissions. Given the unstable scenario that has been caused by the War in Eastern Europe, politicians should focus on accelerating the transition from fossil to renewable energies.

Techno-Economic Analysis and Optimisation of Campus Grid-Connected Hybrid Renewable Energy System Using HOMER Grid

This study aimed to conduct a techno-economic performance and optimisation analysis of grid-connected PV, wind turbines, and battery packs for Syiah Kuala University, situated at the tip of Sumatra island in the tsunami-affected region. The simulation software Hybrid Optimisation Model for Electric Renewables (HOMER) was used to analyse and optimise the renewable energy required by the institution. The methodology began with the location specification, average electric load demand, daily radiation, clearness index, location daily temperature, and system architecture. The results revealed that the energy storage system was initially included in the simulation, but it was later removed in order to save money and optimise the share of renewable energy. Based on the optimisation results, two types of energy sources were chosen for the system, solar PV and wind turbine, which contributed 62% and 20%, respectively. Apart from the renewable energy faction, another reason for the system selection is cost of energy (CoE), which decreased to $0.0446/kWh from $0.060/kWh. In conclusion, the study found that by connecting solar PV and wind turbines to the local grid, this renewable energy system is able to contribute up to 82% of the electricity required. However, the obstacle to implementing renewable energy in Indonesia is the cheap electricity price that is mainly generated using cheap coal, which is abundantly available in the country.

Coupling Coordination and Spatiotemporal Evolution between Carbon Emissions, Industrial Structure, and Regional Innovation of Counties in Shandong Province

Industrial structure and regional innovation have a significant impact on emissions. This study explores, from the multivariate coupling and spatial perspectives, the degree of coupling coordination between three factors: industrial structure, carbon emissions, and regional innovation of 97 counties in Shandong Province, China from 2000 to 2017. On the basis of global spatial autocorrelation and cold and hot spots, this article analyzes the spatial characteristics and aggregation effects of coupled and coordinated development within each region. The results are as follows. (1) The coupling degree between carbon emissions, industrial structure, and regional innovation in these counties fluctuated upward from 2000 to 2017. Coupling coordination progressed from low coordination to basic coordination. Regional differences in coupling coordination degree are evident, showing a stepped spatial distribution pattern with high levels in the east and low levels in the west. (2) During the study period, the coupling coordination showed a positive correlation in spatial distribution. Moran’s I varies from 0.057 to 0.305 on a global basis. Spatial clustering is characterized by agglomeration of cold spots and hot spots. (3) The coupling coordination exhibited significant spatial differentiation. The hot spots were distributed in the eastern part, while the cold spots were located in the western part. The results of this study suggest that the counties in Shandong Province should promote industrial structure upgrades and enhance regional innovation to reduce carbon emissions.