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International Journal of Energy Economics and Policy
Article . 2024 . Peer-reviewed
Data sources: Crossref
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https://dx.doi.org/10.60692/n1...
Other literature type . 2024
Data sources: Datacite
https://dx.doi.org/10.60692/ty...
Other literature type . 2024
Data sources: Datacite
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Impact of Renewable and Non-Renewable Energy Resources on CO2 Emission: Empirical Evidence from SAARC

تأثير موارد الطاقة المتجددة وغير المتجددة على انبعاثات ثاني أكسيد الكربون: أدلة تجريبية من رابطة جنوب آسيا للتعاون الإقليمي
Authors: Ahsan Akbar; Azeem Gul; M. Sadiq Sohail; Martina Hedvičáková; Syed Arslan Haider; Sareer Ahmad; Samreen Iqbal;

Impact of Renewable and Non-Renewable Energy Resources on CO2 Emission: Empirical Evidence from SAARC

Abstract

When assessing sustainability performance, researchers often ignore the implications of combining energy, economic, and environmental factors. To address this void, we assess the consequence of energy dis-aggregation proceeding carbon emissions in SAARC nations. The majority of energy resources are renewable and non-renewable, which contributes to a rise in carbon dioxide emissions. This study aims to provide a thorough understanding of the energy utilization dioxide emissions nexus. The panel data sets covering the period 1971-2020 for the SAARC nations have been used for analysis. The data set was used to assess the effect of renewable and non-renewable energy consumption on emissions of carbon dioxide by factoring in other CO2-producing variables such as urbanization, primary and secondary education, globalization, and economic development. Panel Fully Modified Ordinary Least Squares (FMOLS) was used to examine the connection. According to research comparing the impact of renewable and non-renewable energy consumption upon Carbon dioxide emission, whereas non-renewable energy consumption increases CO2 emissions, renewable energy consumption decreases them. Urbanization, globalization, primary education, and economic growth increase carbon emissions, while secondary education contributes to environmental quality improvement via CO2 reduction. Therefore, increasing the usage of renewable energy and enhancing awareness through higher education may help SAARC nations to reduce pollution emissions.

Keywords

Economics and Econometrics, Renewable energy, Environmental economics, Economics, Social Sciences, Economic Impact of Environmental Policies and Resources, Energy Consumption, Energy industries. Energy policy. Fuel trade, Greenhouse gas, Environmental science, Engineering, Natural resource economics, Renewable and Non-renewable Energy, Carbon Dioxide Emission, SAARC, Economic Growth, Indoor Air Pollution in Developing Countries, GE1-350, Rebound Effect on Energy Efficiency and Consumption, Biology, CO2 Emissions, Energy, Ecology, Renewable Energy, Sustainability and the Environment, Pollution, Environmental sciences, Energy consumption, Economics, Econometrics and Finance, FOS: Biological sciences, Electrical engineering, Physical Sciences, Environmental Science, HD9502-9502.5

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    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).
    5
    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.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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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!
5
Average
Average
Top 10%
gold
Related to Research communities
Energy Research