| Title | Unveiling the interconnectedness between energy-related GHGs and pro-environmental energy technology: Lessons from G-7 economies with MMQR approach |
|---|---|
| ID_Doc | 32041 |
| Authors | Guan, ZP; Hossain, MR; Sheikh, MR; Khan, Z; Gu, X |
| Title | Unveiling the interconnectedness between energy-related GHGs and pro-environmental energy technology: Lessons from G-7 economies with MMQR approach |
| Year | 2023 |
| Published | |
| Abstract | Contrary to most existing studies in the literature, we adopt the energy-related GHG emission (EGHG), an aggregate measure of environmental pollution, to present how GDP, energy efficiency, environmental technology, and globalization affect the environmental changes in the G-7 region from 1990 to 2020. We leaned on the novel Method of Moments Quantile Regression (MMQR) approach to obtain the coefficients in heterogenous quantiles. The findings show that all identified parameters, except for GDP, meaningfully reduce energy-related GHG emissions in the G-7 forum, and the findings are homogenous in all quantiles. More specifically, a surge in economic activities boosts EGHG in G-7 territories. Since energy efficiency is negatively related to EGHG, we claim that the G-7 forum has been able to curb the rebound effect in energy consumption. Furthermore, environmental innovations are a boon for reducing EGHG in the forum, indicating that these nations are on the right track to attain carbon neutrality and green growth directories as prescribed by the last climate conference (COP27). Besides, globalization reduces EGHG through the technology-driven spillover effects, indicating that the G-7 forum has successfully harnessed globalization to exchange R & D, technology, and innovation skills, which have escalated this forum's capacity to fight against climate change. |
Similar Articles
| ID | Score | Article |
|---|---|---|
31718
|
Manjang, M; Hao, X; Husnain, MA Examining the impact of environmental technologies, environmental taxes, energy consumption, and natural resources on GHG emissions in G-7 economies(2023)Environmental Science And Pollution Research, 30, 48 | |
| 31166
|
Chen, YH; Zhou, Y; Raza, SA; Sarwar, S What we learn from nexus between greener growth and energy-related emissions: Sustainability perspective evidence in context of financial globalization(2024)Geological Journal, 59, 2 | |
| 31838
|
Sharif, A; Bashir, U; Mehmood, S; Cheong, CWH; Bashir, MF Exploring the impact of green technology, renewable energy and globalization towards environmental sustainability in the top ecological impacted countries(2024)Geoscience Frontiers, 15, 6 | |
| 64546
|
Nepal, R; Musibau, HO; Jamasb, T Energy consumption as an indicator of energy efficiency and emissions in the European Union: A GMM based quantile regression approach(2021) | |
| 32414
|
Han, YR; Javaid, MQ; Ali, MSE; Zada, M Revisiting the nexus between digital trade, green technological innovation, and environmental sustainability in BRICS economies(2024)Environmental Science And Pollution Research, 31, 6 | |
| 30788
|
Javed, A; Rapposelli, A; Khan, F; Javed, A; Abid, N Do green technology innovation, environmental policy, and the transition to renewable energy matter in times of ecological crises? A step towards ecological sustainability(2024) | |
| 32516
|
Xie, PJ; Xu, Y; Tan, X; Tan, QQ How does environmental policy stringency influence green innovation for environmental managements?(2023) | |
| 30649
|
Cutcu, I; Cil, D; Karis, C; Kocak, S Determining the green technology innovation accelator and natural resources towards decarbonization for the EU countries: evidence from MMQR(2024)Environmental Science And Pollution Research, 31, 13 | |
| 33658
|
Ali, K; Du, JG; Kirikkaleli, D; Mentel, G; Altuntas, M Testing the role of digital financial inclusion in energy transition and diversification towards COP26 targets and sustainable development goals(2023) | |
| 31997
|
Zhang, X; Hasan, MM; Waris, U Assessing the nexus between natural resources and government effectiveness: Role of green innovation in shaping environmental sustainability of BRICS nations(2024) |