Knowledge Agora

Title	A step towards sustainable development: role of green energy and environmental innovation
ID_Doc	35808
Authors	Sharif, A; Mehmood, U; Tiwari, S
Title	A step towards sustainable development: role of green energy and environmental innovation
Year	2024
Published	Environment Development And Sustainability, 26, 4
Abstract	The world has acknowledged the importance of natural resources to compensate for energy requirements for sustainable development. Green Energy (GE) and Eco-innovations have the potential to improve air quality by reducing CO2 emissions and ensuring sustainable development, which the available literature has neglected. Therefore, we investigate the dynamic impact of green energy and environmental innovations on the USA's economic growth and CO2 emissions. We applied the quantile-on-quantile (QARDL) approach from 1990 to 2019. Our findings indicate that GE consumption mitigates CO2 emissions by increasing economic growth in different quantiles in the USA. Furthermore, Eco-innovations also contribute to economic growth by reducing CO2 emissions in different quantiles. Additionally, Bi-directional quantile causality was found between green energy consumption, economic growth, and CO2 emissions. Thus, the empirical results of the current study provide acumens for policymakers of the USA to consume green energy and use green technology and environmental innovations to counterbalance the environmental issues induced by CO2 emissions without halting economic growth and sustainable development.
PDF

Similar Articles

ID	Score	Article
30176		Song, AF; Rasool, Z; Nazar, R; Anser, MK Towards a greener future: How green technology innovation and energy efficiency are transforming sustainability(2024)
30814		Mighri, Z; Sarkodie, SA Interdependency and causality between green technology innovation and consumption-based carbon emissions in Saudi Arabia: fresh insights from quantile-on-quantile and causality-in-quantiles approaches(2024)Environmental Science And Pollution Research, 31, 6
32684		Pata, UK; Luo, RD; Kartal, MT; Adebayo, TS; Ullah, S Do technological innovations and clean energies ensure CO₂ reduction in China? A novel nonparametric causality-in-quantiles(2023)
35229		Jinping, L; Zeeshan, M; Rehman, A; Uktamov, K A green revolution in the making: integrating environmental performance and green finance for China's sustainable development(2024)
33456		Somoye, OA; Seraj, M; Ozdeser, H; Mar'I, M Modelling the connection between energy intensity, renewable energy, globalization, technological innovation and CO₂ emissions: A Quantile-on-Quantile technique(2024)Geological Journal, 59.0, 4
30591		Wang, ZP; Sami, F; Khan, S; Alamri, AM; Zaidan, AM Green innovation and low carbon emission in OECD economies: Sustainable energy technology role in carbon neutrality target(2023)
30725		Razzaq, A; Wang, YF; Chupradit, S; Suksatan, W; Shahzad, F Asymmetric inter-linkages between green technology innovation and consumption-based carbon emissions in BRICS countries using quantile-on-quantile framework(2021)
31346		Albaker, A; Abbasi, KR; Haddad, AM; Radulescu, M; Manescu, C; Bondac, GT Analyzing the Impact of Renewable Energy and Green Innovation on Carbon Emissions in the MENA Region(2023)Energies, 16, 16
31000		Gu, XY; Baig, IA; Shoaib, M; Zhang, S Examining the natural resources-ecological degradation nexus: The role of energy innovation and human capital in BRICST nations(2024)
31413		Wu, H; Fareed, Z; Wolanin, E; Rozkrut, D; Hajduk-Stelmachowicz, M Role of Green Financing and Eco-Innovation for Energy Efficiency in Developed Countries: Contextual Evidence for Pre- and Post-COVID-19 Era(2022)