The present state of renewable energy technology is controversial owing to the environmental effects of the metals needed to produce renewable energy. In light of this, this research examines the global environmental effects of using certain metals-such as aluminium, cobalt, copper, nickel, and zinc-necessary for renewable energy. In the process, the quantile-on-quantile ARDL (QQARDL) approach is used to evaluate the historical data set from 1901 to 2023.
View Article and Find Full Text PDFJ Environ Manage
March 2025
This paper compares the contributions of market-based and non-market-based environmental policies to environmental technologies for Germany, which is among the leading countries on a global scale in the context of environmental technologies and environmental regulation policies. In this context, the effects of economic growth and financial development, as well as two different environmental policy strategies, on environmental technologies are investigated through the novel dynamic ARDL and machine learning based KRLS technique in the period 1990-2020. The results show that the positive effects of economic growth and financial development on environmental technologies have marginal efficiency that first increases and then decreases in direct proportion to the increase in the level of technological development.
View Article and Find Full Text PDFImplementing policy combinations that neither negatively impact economic performance nor create the least amount of harm is the most crucial factor to consider in policy practices that promote environmental quality. In this regard, green growth, which harmonises both environmental and economic performance, gains importance. Based on this, this study analyses the effects of foreign direct investments, financial development, and financial globalisation on green growth for BRICS countries for the period 1990-2021.
View Article and Find Full Text PDFSci Total Environ
December 2024
The technique of fertilizer consumption increases yields from agriculture, but because it involves chemicals, there are disagreements regarding how it affects the environment. Based on this, the aim of this study is to investigate the effects of fertilizer consumption on load capacity factor in Turkey through novel technique (multivariate quantile-on-quantile regression) for the period 1970-2021. In this regard, factors that have significant effects on the environment, such as trade globalization, renewable energy usage, natural resources, are also included in the empirical model to avoid omitted variable bias.
View Article and Find Full Text PDFThis paper uses the novel Fourier Augmented Autoregressive Distributed Lag within the load capacity curve framework to investigate the effects of economic growth, trade openness, renewable energy consumption, and competitive industrial performance on environmental sustainability. The results of the empirical analysis provide evidence that the load capacity curve is valid in Turkiye. Moreover, while trade openness jeopardizes environmental sustainability, renewable energy consumption and industrial competitiveness increase environmental quality.
View Article and Find Full Text PDFIncreasing energy vulnerability can cause environmental pollution by increasing fossil fuel consumption. If it leads to cost-cutting-oriented industry growth, financial development can lead to environmental regulations being ignored, compromising environmental quality. Political globalization and economic growth can increase short-term environmental pressures, straining long-term ecological balance and causing habitat loss and pollution.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
February 2024
This research examines whether environmental regulations have a moderating effect on the link between foreign direct investment and the environment, as well as the effect of foreign capital investments on environmental quality for BRICS nations. In this approach, using second-generation panel data methodologies for the period 1992-2020, the impacts of foreign direct investments, real national income, consumption of renewable energy, and environmental stringency index on the load capacity factor are explored in the base empirical model. In order to test if there is any evidence of a potential parabolic link between economic growth and environmental quality, the model also includes the square of real national income.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
February 2024
This paper investigates the impacts of renewable and nonrenewable energy consumption, income inequality, and globalization on the ecological footprints of 49 countries for the period of 1995-2018. Panel cointegration test reveals a long-run relationship between the variables. Long-run parameter estimates derived from AMG and CCEMG, increasing income and nonrenewable energy consumption, have a significant positive impact on the ecological footprint, while countries that consume more renewable energy have seen an improvement in the quality of the environment.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
February 2024
The BRICS countries ratified the 2030 Sustainable Development Goals agenda whereby ensuring environmental sustainability is of paramount importance for these emerging market economies. Although the BRICS nations have recorded noteworthy economic growth trajectories over the last couple of decades, these nations have not fared well in terms of improving their environmental indicators, especially due to gradually becoming more fossil fuel dependent over time. Hence, this study aims to explore whether undergoing the renewable energy transition can directly and indirectly establish environmental sustainability in the BRICS countries by containing their annual growth rates of carbon dioxide emissions.
View Article and Find Full Text PDFMinimizing carbon pollution and fossil fuels is among the most crucial issues in the sustainable development goals (SDGs). However, global environmental concerns have increased since India did not sign the global coal pledge at COP 26. It is therefore a question mark how India will achieve the 2070 carbon-free target with the increasing use of coal and oil.
View Article and Find Full Text PDFThe adoption of growth strategies based on foreign trade, especially in the previous century when liberal policies began to dominate, is one of the main reasons for the increase in output and indirectly for environmental concerns. On the other hand, there are complex claims about the environmental effects of liberal policies and thus of globalization. This study intends to analyze the effects of global collaborations involving 11 transition economies that have completed the transition process on the environmentally sustainable development of these nations.
View Article and Find Full Text PDFIt is extremely difficult for emerging economies to achieve the Sustainable Development Goals (SDGs), and in order to close this policy gap, a comprehensive policy framework is needed. The purpose of this research is to determine the proportional impacts of domestic and foreign capital to environmental degradation in newly industrialized nations (NICs). For this reason, panel data methodology is used to evaluate, for the years 1991 to 2018, how the ecological footprint is affected by stock market capitalization, foreign direct investment, economic growth, urbanization, and energy intensity.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
April 2023
This paper investigates the role of export quality in climate action goal of the sustainable development goals in emerging Asian countries. For this purpose, the empirical model that observes the impact of real GDP, energy use and export quality index on carbon emissions is constructed and is analyzed by ARDL bounds testing approach for the period from 1970 to 2014. We also include the square of real GDP as independent variable to observe the existence of environmental Kuznets curve (EKC) hypothesis which implies the parabolic relationship between economic growth and environmental degradation.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
March 2023
Environ Sci Pollut Res Int
November 2022
The study aims to examine the effects of social media activities on stock prices of the energy sector. In this respect, the sample covers the monthly period from 2015m6 to 2020m5 has been observed. Energy stocks as S&P 500 index (SP), stock market volatility index (VIX), trade-weighted USD index (USD), and Brent oil prices (OIL) have been used as independent variables.
View Article and Find Full Text PDFThe goal of this research is to investigate the impact of tourism on sustainable development in the 10 most visited countries. For this purpose, following the STIRPAT model, the impact of urbanization, energy intensity, and tourism on the newly designed sustainable development index is examined for the period 1995-2015. In doing so, tourism is represented by two different indicators, the number of tourists and tourism receipts.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
October 2021
This study investigates the effects of renewable energy (REN) consumption and non-renewable energy (NREN) consumption on economic growth in G7 countries with annual data covering the period 1980-2016 using a new panel data estimator that provides robust results under cross-sectional dependence, slope heterogeneity, and can be used whether series are integrated in different orders. In addition, the causality between the variables is analyzed with the panel bootstrap Granger causality method takes cross-sectional dependency and slope heterogeneity into account. According to Cross-sectionally Augmented Autoregressive Distributed Lag (CS-ARDL) results, the coefficients of REN and NREN consumption are positive and statistically significant in both the short- and long-run.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
May 2021
Despite the growing interest in researches on the impact of technological development on carbon emissions, the effect of technological innovation on the other indicators of environmental degradation is of little interest. In order to close this gap, the aim of this study is to determine the effects of technological innovation on both carbon emission and ecological footprint for big emerging markets (BEM) countries. In doing so, the environmental impacts of the financialization process are also explored, in line with the fact that these countries face constraints in financing technological developments.
View Article and Find Full Text PDFThis paper re-investigates the time-varying impacts of economic growth on carbon emissions in the G-7 countries over a long history. In doing so, the historical data spanning the period from the 1800s to 2010 (as constructed) for each country is examined using the time-varying cointegration and bootstrap-rolling window estimation approach. Unlike the previous environmental Kuznets curve (EKC) studies, using this methodology gives us avenue to detect more than one, two, or more turning points for the economic growth-carbon emissions nexus.
View Article and Find Full Text PDFEconomic development is characterised by natural resource extraction and consumption. However, due to the finite nature of fossil fuel energy sources and its price shocks, an investigation into its historical fluctuations is essential for energy policy formulation. Against the backdrop, this paper examines the stationary properties of coal, oil and natural gas consumption per capita of 16 Organisation for Economic Co-operation and Development (OECD) countries for the period 1970-2018.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
August 2019
This study aims to investigate the validity of pollution haven hypothesis for the period from 1982 to 2013 in ten newly industrialized countries. For this purpose, we examine the relationship between real income, foreign direct investment, energy consumption, and ecological footprint using second-generation panel data methodology to take into account the cross-sectional dependence among newly industrialized countries. In doing so, the possible nonlinear relationship between foreign direct investment and environmental degradation is also searched.
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