scholarly journals THE IMPACT OF RENEWABLE ENERGY CONSUMPTION ON CARBON DIOXIDE EMISSIONS: EMPIRICAL EVIDENCE FROM DEVELOPING COUNTRIES IN ASIA

2019 ◽  
Vol 9 (3) ◽  
pp. 135-143 ◽  
Author(s):  
Azilah Hasnisah ◽  
A. A. Azlina ◽  
Che Mohd Imran Che Taib
Author(s):  
Matheus Koengkan ◽  
José Alberto Fuinhas

The impact of renewable energy consumption on the carbon dioxide emissions was analyzed for a panel of ten South American countries in a period from 1980 to 2012. The Autoregressive r to decompose the total effect of renewable energy consumption on the carbon dioxide emissions in its short- and long-run components. The results indicate that the consumption of renewable energy reduce the carbon dioxide emissions in -0.0420 % when the consumption of alternative sources increases in 1% in short-run. Keywords: Renewable energy, environmental, energy economics, econometric. 


2018 ◽  
Vol 7 (2) ◽  
Author(s):  
Matheus Da Costa Koengkan ◽  
José Alberto Fuinhas

The impact of renewable energy consumption on the carbon dioxide emissions was analyzed for a panel of ten South American countries in a period from 1980 to 2012. The Autoregressive Distributed Lag Methodology was used in order to decompose the total effect of renewable energy consumption on the carbon dioxide emissions in its short- and long-run components. The results indicate that the consumption of renewable energy reduce the carbon dioxide emissions in -0.0420 % when the consumption of alternative sources increases in 1% in short-run. The empirical evidence shows that the renewable consumption plays an important role in reducing CO2 emissions and that the economic growth and energy consumption in the South American countries are still based on fossil fuels.  Keywords: Environmental, Energy economics, Econometric.


Energies ◽  
2021 ◽  
Vol 14 (10) ◽  
pp. 2947
Author(s):  
Rıdvan Karacan ◽  
Shahriyar Mukhtarov ◽  
İsmail Barış ◽  
Aykut İşleyen ◽  
Mehmet Emin Yardımcı

This research investigates the impact of oil price, income and carbon dioxide emissions on renewable energy consumption in Russia for the data period from 1990 to 2015, using the Vector Error Correction Models and the Canonical Cointegrating Regression method. This article is the only study conducting individual time-series analysis that emphasizes the effect of oil price on renewable energy consumption in the case of Russia. The results of empirical analysis conclude that oil price affects renewable energy consumption negatively. The negative oil price effects on renewable energy use can be interpreted as a sign of issue that stems from higher oil prices and slows the transition from conventional to renewable energy sources. Additionally, we found that there is a positive and statistically significant influence of real GDP per capita as a proxy of income on renewable energy consumption, whereas the carbon dioxide emissions have a negative and statistically insignificant influence on renewable energy consumption. Considering these empirical results, Russia, which has a significant share in energy production in the world, should focus on the use of renewable energy in order to maintain this superiority and its sustainability. The findings of this paper may be useful to policymakers and may help to contribute to existing literature for future research in the case of oil-exporting countries.


2017 ◽  
Vol 23 (2) ◽  
pp. 540-564 ◽  
Author(s):  
Ryan P Thombs

This cross-national study employs a time-series cross-sectional Prais-Winsten regression model with panel-corrected standard errors to examine the relationship between renewable energy consumption and economic growth, and its impact on total carbon dioxide emissions and carbon dioxide emissions per unit of GDP. Findings indicate that renewable energy consumption has its largest negative effect on total carbon emissions and carbon emissions per unit of GDP in low-income countries. Contrary to conventional wisdom, renewable energy has little influence on total carbon dioxide emissions or carbon dioxide emissions per unit of GDP at high levels of GDP per capita. The findings of this study indicate the presence of a “renewable energy paradox,” where economic growth becomes increasingly coupled with carbon emissions at high levels of renewable energy, and the negative effect of economic growth on carbon emissions per unit of GDP lessens as renewable energy increases. These findings suggest that public policy should be directed at deploying renewable energy in developing countries, while focusing on non-or-de-growth strategies accompanied with renewable energy in developed nations.


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