Ben Cheikh N, Ben Zaied Y. Renewable energy deployment and geopolitical conflicts.
J Environ Manage 2023;
344:118561. [PMID:
37418924 DOI:
10.1016/j.jenvman.2023.118561]
[Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [What about the content of this article? (0)] [Affiliation(s)] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 11/16/2022] [Revised: 05/23/2023] [Accepted: 06/30/2023] [Indexed: 07/09/2023]
Abstract
This paper investigates whether geopolitical conflicts play a critical role in stimulating countries to shift toward clean energy solutions. We use the panel regime-switching models, which allow us to capture the nonlinear dynamics of the energy transition. Our results for a panel of developed and emerging countries reveal that the geopolitical context does not impact the renewable-income nexus; however, we find that adverse geopolitical events would impact the diffusion of alternative energy sources depending on the level of economic development. Rising geopolitical conflicts would encourage high-income nations to switch toward low-carbon energy sources. Considering the increasing number of regional conflicts, less developed countries must urgently develop their economies away from traditional energy sources and enhance the contribution of the renewable sector.
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