| Title | Exploring the impact of green technology, renewable energy and globalization towards environmental sustainability in the top ecological impacted countries |
|---|---|
| ID_Doc | 31838 |
| Authors | Sharif, A; Bashir, U; Mehmood, S; Cheong, CWH; Bashir, MF |
| Title | Exploring the impact of green technology, renewable energy and globalization towards environmental sustainability in the top ecological impacted countries |
| Year | 2024 |
| Published | Geoscience Frontiers, 15, 6 |
| Abstract | Green environmental technologies, renewable energy and globalization are interconnected pillars that impact economies and societies. By effectively fostering these resources, environmental policies can help achieve economic prosperity, sustainable development and environmental protection. The current study seeks to address environmental and economic predicaments by empirically examining the role of green technology and renewable energy in influencing the load capacity factor and ecological footprint with the highest ecological impact. Given that these nations are also significant players in the global economy, we also examine the impact of Globalization and economic growth within econometric investigation. The current study uses moments quantile regression (MMQR) as an econometric strategy to report that while innovations in green technology and renewable energy positively influence load factor capacity and help reduce ecological footprint, certain facets of globalization worsen the ecological footprint, thereby unsettling its load factor capacity. These findings underscore the pressing need for policymakers to prioritize integrating environmental and trade policy agreements to ensure progress towards long-term environmental goals. (c) 2024 China University of Geosciences (Beijing) and Peking University. Published by Elsevier B.V. on behalf of China University of Geosciences (Beijing). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
| https://doi.org/10.1016/j.gsf.2024.101895 |
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