Can technological progress, renewable and nuclear energy consumption be the remedy for global climate crises? An examination of leading OECD countries

Küçük Resim Yok

Tarih

2024

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer Heidelberg

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Energy is the most critical input for production and consumption. The inputs of energy cause irreversible damage to the environment. The studies carried out to reduce the environmental impact of the methods used in energy production are extremely valuable. This study aims to reveal the effects of technological development, nuclear energy consumption, and renewable energy use on environmental degradation. The patent numbers, technological development, GDP, renewable energy, and nuclear energy consumption data of 16 OECD countries covering the years 1996-2019 were used in the empirical analysis. The findings of panel FMOLS and DOLS methods reveal that technological progress, nuclear, and renewable energy consumption significantly reduce CO2 emissions. In line with these findings, critical policy implications have been suggested.

Açıklama

Anahtar Kelimeler

Renewable Energy, Technological Development, Nuclear Energy, Co2 Emissions, Panel Analysis, Oecd, Mitigating Carbon Emissions, Environmental Kuznets Curve, Lagrange Multiplier Test, Co2 Emissions, Panel Cointegration, Economic-Growth, Financial Development, Impacts, Income, China

Kaynak

Environmental Science and Pollution Research

WoS Q Değeri

N/A

Scopus Q Değeri

Q1

Cilt

31

Sayı

1

Künye