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Implication of Coal Expansion and Regional Energy Trading Center to Climate Goal: Dual Sustainability Analysis

تأثير توسع الفحم والمركز الإقليمي لتجارة الطاقة على هدف المناخ: تحليل الاستدامة المزدوجة
Authors: Edmund Ntom Udemba;

Implication of Coal Expansion and Regional Energy Trading Center to Climate Goal: Dual Sustainability Analysis

Abstract

Abstract This current study seeks to investigate the policy implication of Turkey’s recent energy policies on its sustainable development. This study uses Turkey’s country-specific data and series of 1974 to 2018 for effective investigation and justification of the findings of this study with emphasis on both short run and long run implications. Three models were fitted to achieve study objectives to accommodate both environmental sustainability and economic impacts. Ecological footprint was considered better measure and used as proxy for the environment related model. In summary, with environment models, the selected series (per capita GDP, Industrialization, agriculture, coal as a single energy use and mixed energy use) except per capita GDP2 were found positively and significantly related to ecological footprint both in short run and long run which translates to poor performance of Turkey’s environment. Also, using economic growth model, the selected series (Industrialization, energy use and agriculture) were all confirmed positively and significantly related to the economic growth (per capita GDP). Additionally, Environmental Kuznets Curve (EKC) was established for Turkey’s environment and economic performance. Furthermore, using Granger causality as robust check to these findings, a nexus was found among the series confirming the validity of the cointegration (short and long run policies) estimations and results. In congruence with literature and hypotheses, the results from cointegration estimation shows that the twin polices may be good to the economic performance but will spark off adverse effect on environment.JEL Classification: C1, C32, E6, L7, O4, Q3, Q4, Q5

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Keywords

Economics, Macroeconomics, Social Sciences, Economic Impact of Environmental Policies and Resources, Natural resource economics, Sociology, Sustainable development, Market economy, Kuznets curve, Geography, Ecology, Per capita, Agriculture, Pollution, FOS: Sociology, Economics, Econometrics and Finance, Sustainability, Archaeology, Physical Sciences, Granger causality, Industrialisation, Economics and Econometrics, Environmental Engineering, Population, Gross domestic product, FOS: Economics and business, Life Cycle Assessment and Environmental Impact Analysis, Indoor Air Pollution in Developing Countries, Ecological footprint, Econometrics, Biology, Demography, Cointegration, FOS: Environmental engineering, Energy consumption, FOS: Biological sciences, Environmental Science, Sustainability Assessment

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
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Average
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