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© 2021 Elsevier LtdDespite extensive research to address the impact of environmental reforms under the Paris Climate Agreement, current literature has failed to provide sufficient insights into Regional Comprehensive Economic Partnership (RCEP) countries. To this end, the current study attempts to address the impact of the economic complexity on environmental quality in the presence of renewable energy consumption, financial development, urbanization and energy innovation in RCEP countries from 1990 to 2019. Our empirical estimates confirm a significant association between environmental quality, economic complexity index, renewable energy consumption, financial development, urbanization and energy innovation in the short-run and long run. Based on extensive econometric analysis (CS-ARDL, AMG, PMG, FMOLS, and DOLS), we conclude that economic complexity, renewable energy, and energy innovation effectively mitigate environmental degradation. At the same time, financial development and urbanization have an adverse impact on the environment. These findings have extensive policy implications for policymakers and environmental stakeholders, who are aiming to achieve sustainable energy policy and economic growth to meet the environmental commitments under Paris Climate Agreement.

This study aims to measure the relationship between technological progress, renewable energy, and green economic growth (GEG). This study uses a data envelopment analysis (DEA) estimation method to evaluate the association between government expenditure on research and development (R&D), renewable energy deployment, and GEG in the Economic Community of West African States (ECOWAS) between 1990 and 2018. The estimates revealed an inconsistent GEG indicator in the analysis, suggesting the lesser impact disposition of public policy. In addition, the energy efficiency ratio of ECOWAS subregion is under 0.50, implying energy poverty in the sub-region. Many people do not have sufficient energy to heat and cool their homes to enough temperature and meet their basic needs and energy security concerns. This research discovered that a percentage growth increase in renewable energy deployment results in a 3.2% increase in growth in sustainable performance. Alongside an essential effect of one percentage point growth in R&D expenditure boosts economic system sustainable performance to 4.4% combined with a supported effect of one percent. This research reveals that the ECOWAS government expenditure on human resources and R&D of sustainable energy resources would result in a low carbon growth via an advanced technological production process; nevertheless, the impacts are varied in the various countries in ECOWAS. (c) 2022 Elsevier Ltd. All rights reserved.

Abstract This study was designed to investigate the role of political stability in the nexus between financial development, renewable energy, total reserves, agriculture value addition, and economic growth from 1995 to 2017 in 100 countries. The long-run causality was confirmed for GDP in politically free countries, which implies that political stability is beneficial for the economy. The GDP had bi-directional causality with financial development and total reserves. The increase in GDP was 0.199% (free countries), 0.097% (partly free countries), and 0.055% (not free countries) for 1% rise in financial development. The renewable energy-led growth hypothesis was confirmed in politically free and partly free countries. The impact of total reserves and renewable energy on GDP was insignificant in politically not free countries. The increase in GDP was 0.024% (free countries) and 0.106% (partly free countries) for 1% rise in total reserves. The economic advantage of agriculture value addition was more in politically not free countries (0.461%) followed by partly free and free countries. The agriculture value addition is required to stimulate the economy and ensure food availability.

Abstract Based on the survey data onto rural households in China, taking biogas produced by crop residues as an example, this paper analyzed rural households’ perceived value of energy utilization of crop residues. Then, “interpersonal trust” and “institutional trust” variables are introduced to improve Zeithaml’s perceived value model to explore the key factors influencing rural households’ perceived value of energy utilization of crop residues. The results show that although the value of energy utilization of crop residues has been recognized by most rural households, there is still some room for improvement. We believe that strengthening the technical service level and creating an atmosphere of mutual trust in rural society will help to improve rural households’ perceived value of energy utilization of crop residues. This paper demonstrates the feasibility of the improved perceived value model as a powerful method for better prediction of human psychological perception, and our findings have significant policy implications given that the government can take measures to improve rural households’ perceived value to make energy utilization of crop residues more competitive, thus hastening its deployment.

Rural household energy consumption plays an essential role in the daily life of farmers, especially in developing regions. In this paper, we present a study of household energy consumption in terms of energy sources and energy end uses, and analysis of technical and economic issues associated with the use of biomass and renewable energy and the replacement of fossil fuels. Results show that energy from biomass represents the largest share of total energy supply, and that 41.15% of total energy is consumed for home heating and cooking. The average cost of household energy is 1259 RMB ($US193.6) and this expense is no longer subsidized by the government. It takes less than one year to make a solar stove profitable and less than two years to pay back the household cost of biogas digesters. An 8 m(3) digester can produce as much energy as 500-550 kg of standard coal or 940 kg of firewood, while a solar stove can generate 1.76 x 10(3) MJ heat each year. Moreover, it is estimated that in rural China the annual reduction of CO2 and SO2 emissions in 2020, due to the replacement of fossil fuel by biomass, will be 68.86 x 10(6) and 54.37 x 10(4) tons, respectively. Overall, the investigations and analyses have revealed that the structure of rural household energy consumption is undergoing a transformation from traditional low-efficiency biomass domination to integrated consumption of traditional and renewable energies. Renewable energy will significantly contribute to the sustainable development of rural households. (C) 2013 Elsevier Ltd. All rights reserved.

Abstract China's economy has flourished since reform and opening up. At the same time, China's ability to attract foreign investment in the world continued to increase. However, with the rapid development of the economy, China's energy crisis and environmental pollution have been continuously deepened, exposing increasingly serious problems in the energy consumption structure. As a critical mean to address the environmental problems and achieve sustainable development, the production and utilization of renewable energy resources is particularly critical. This paper aims to investigate the relationship amongst renewable energy consumption, foreign direct investment and gross domestic product in 31 Chinese provinces from 2000 to 2015. Specifically, the unit root test, cointegration test, vector error-correction model, impulse response function analysis, and Granger causality test are employed for the estimations. The empirical results indicate that there is a long-term and stable equilibrium relationship between gross domestic product per capita, foreign direct investment per capita, and renewable energy consumption per capita. Additionally, in the short term, foreign direct investment cannot significantly cause renewable energy consumption change; but in the long run, a modest slowdown in gross domestic product growth and targeted foreign direct investment will generate a significant boost on renewable energy in China.

Sustainable goals are achieved by utilizing private firms' investment in renewable energy sources. Globally, the demand for alternative sources of Renewable Energy (RE) and green finance (GF) has prompted an increase in research on these topics. This research applies a novel technique panel cointegration and causality model to evaluate the causes of green finance development in China between 1990 and 2020. This study adds information on the relationship between green finance and financial inclusion in the form of private firms' investments. The findings show that green finance and financial inclusion (FI) are beneficial to development globally and more granular. For every 1% growth in RE sources, there will be a 0.522% rise in trademark filings and a 0.1243% rise in private sector investment filings. The trademark and patent are promoted by 0.062% when financial inclusion is improved by 0.031%. Investment, commerce, and human progress have a calming effect on the connection discussed above. A variety of robustness tests supports our model results. This study's policy recommendations include decentralizing the energy industry to allow for more private sector participation; financial incentives for enterprises to use RE. It is clear from these findings that our study contributes significantly to the field of empirical research and also gives crucial policy recommendations. (c) 2022 Elsevier Ltd. All rights reserved.

© 2022The G7 countries consist of some of the world's most economically developed nations. However, alongside such robust economic growth performances, the environmental qualities in these countries have simultaneously aggravated to raise deep concerns among the stakeholders. Hence, this study is designed to empirically examine the environmental effects of nuclear and renewable energy consumption, economic complexity, and economic growth in the context of the G7 countries for the period between 1995 and 2016. To ensure novelty, this study considers carbon footprints along with carbon dioxide emissions to measure environmental quality in the context of the G7 nations. The results reveal that although nuclear energy consumption is effective in mitigating carbon dioxide emissions and carbon footprints in the long run, renewable energy consumption degrades the environment in the G7 countries. Besides, the results also suggest that the G7 countries can transform their production processes in an environmentally friendly manner provided they can undergo a clean transition in energy use. Finally, economic growth is evidenced to be detrimental for the environment since higher economic growth levels are seen to boost both carbon dioxide emission and carbon footprint levels. Therefore, in line with the findings, this study recommends the G7 countries to significantly enhance their nuclear and renewable energy consumption levels, increase their economic complexity indices, and integrate environmental welfare policies within their economic growth strategies.

Abstract This research comprehensively examined the contributions of households’ critical influence factors (CRIFs) in BGT utilization. The data based on a sample of 695 households from seven selected districts of Punjab province of Pakistan. The empirical findings are: first, among the households’ preference based CRIFs, cooking as a utilization mode imparted positive and significant influence on BGT utilization. It implicated that cooking was found to be the dominant preference of households to utilize the BGT. Moreover, the health risk factor was exposed to be important in BGT utilization. This is likely for people to attach importance to their health. Second, dual nature of the influence of gender is observed: (i) it emphasized the role of woman empowerment in choice of BGT, and also, (ii) as the females need to spend extra time in fuel collection, they want to switch to BGT. Third, concerning the socio-economic and infrastructural influence factors, the education of both household head and chef portrayed a positive influence on BGT utilization. Moreover, households with relatively more land ownership and livestock were more probable to utilize BGT. Finally, the users of the BGT experienced the financial, health, environmental protection, and crop harvest benefits as compared to non-users of BGT.