Renewable Energy, Environment and GDP in High-Income Countries: Evidence from Europe
By: Hafid Boudiaf
References
- Acheampong, A., & Opoku, E. (2023). Environmental degradation and economic growth: Investigating linkages and potential pathways. Energy Economics, 123, 106734. https://doi.org/10.1016/j.eneco.2023.106734
- Al-Mulali, U., Tang, C., & Ozturk, I. (2015). Does financial development reduce environmental degradation? Evidence from a panel study of 129 countries. Environmental Science and Pollution Research, 22, 14891–14900. https://doi.org/10.1007/s11356-015-4726-x
- Alola, A. A., Bekun, F. V., & Sarkodıe, S. A. (2019). Dynamic impact of trade policy, economic growth, fertility rate, renewable and non-renewable energy consumption on ecological footprint in Europe. Science of the Total Environment, 685, 702–709. https://doi.org/10.1016/j.scitotenv.2019.05.139
- Armeanu, D., Vintilă, G., & Gherghina, Ş. C. (2017). Does renewable energy drive sustainable economic growth? Multivariate panel data evidence for EU-28 countries. Energies, 10(3), 381. https://doi.org/10.3390/en10030381
- AURESII. (2020). D6.3-EU: The new renewable energy financing mechanism of the EU in practice.
- Butt, H., Khan, I., & Xia, E. (2023). How do energy supply and energy use link to environmental degradation in China? Environmental Science and Pollution Research 30(40), 92891–92902. https://doi.org/10.1007/s11356-023-28960-5
- Callendar, G. S. (1938). The artificial production of carbon dioxide and its influence on temperature. Quarterly Journal of the Royal Meteorological Society, 64(275), 223–240. https://doi.org/10.1002/qj.49706427503
- Commission, E. (2019). The European Green Deal.Brussels. https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX%3A52019DC0640.
- Deka, A., Osdeser, H., & Seraj, M. (2023). The effect of GDP, renewable energy and total energy supply on carbon emissions in the EU-27: new evidence from panel GMM. Environmental Science and Pollution Research, 30, 28206–28216. https://doi.org/10.1007/s11356-022-24188-x
- Eregha, P., Nathaniel, S., & Vinh-Vo, X. (2022). Economic growth, environmental regulations, energy use, and ecological footprint linkage in the Next-11 countries: Implications for environmental sustainability. Energy & Environment, 34(5), 1327–1347. https://doi.org/10.1177/0958305X221084293
- Eurostat. (2023). Data browser. https://ec.europa.eu/eurostat/databrowser/view/nrg_ind_ren/default/table?lang=en
- Gricar, S., Bojnec, S., & Baldigara, T. (2022). GHG Emissions and Economic Growth in the European Union, Norway, and Iceland: A Validated Time-Series Approach Based on a Small Number of Observations. J. Risk Financial Manag., 15(11), 518. https://doi.org/10.3390/jrfm15110518
- Hormio, S. (2023). Collective responsibility for climate change. WIREs Climate Change, 14(4), e830. https://doi.org/10.1002/wcc.830
- Hu, W., Wu, Q., Anvari-Moghaddam, A., & Zhao, J. (2022). Applications of artificial intelligence in renewable energy systems. IET Renewable Power Generation 16(7), 1279–1282. https://doi.org/10.1049/rpg2.12479
- IEA. (2023). Emissions from Oil and Gas Operations in Net Zero Transitions: A World Energy Outlook Special Report on the Oil and Gas Industry and COP28. France: IEA Publications.
- IEA. (2021). World Energy Outlook.
- InstitutMontaigne. (2021). Europe’s Energy Transition: A Common Challenge. Paris.
- Hickel, J. (2020). Quantifying national responsibility for climate breakdown: an equality-based attribution approach for carbon dioxide emissions in excess of the planetary boundary. The Lancet Planetary Health, 4(9), e399–e404. https://doi.org/10.1016/s2542-5196(20)30196-0
- Kolosok, S., Myroshnychenko, I., Mishenina, H., & Yarova, I. (2021). Renewable energy innovation in Europe: Energy efficiency analysis. E3S Web of Conferences, 234(000212021). https://doi.org/10.1051/e3sconf/202123400021
- Kukharets, V., Hutsol, T., Kukharets, S., Glowacki, S., Nurek, T., & Sorokin, D. (2023 ). European Green Deal: The Impact of the Level of Renewable Energy Source and Gross Domestic Product per Capita on Energy Import Dependency. Sustainability, 15(15), 11817. https://doi.org/10.3390/su151511817
- Madaleno, M., & Nogueira, M. (2023). How Renewable Energy and CO2 Emissions Contribute to Economic Growth, and Sustainability—An Extensive Analysis. Sustainability, 15(5), 4089. https://doi.org/10.3390/su15054089
- Mirziyoyeva, Z., & Salahodjaev, R. (2023). Renewable energy, GDP and CO2 emissions in high-globalized countries. Front. Energy Res., 11, 1123269. https://doi.org/10.3389/fenrg.2023.1123269
- OECD. (2013). OECD Policy Guidance for Investment in Clean Energy Infrastructure. An OECD report to the G20, with contributions by the World Bank. Paris.
- Pesaran, M. H., & Shin, Y. (2012). An autoregressive Distributed-Lag Modelling Approach to Cointegration analysis. In Cambridge University Press eBooks (pp. 371–413). https://doi.org/10.1017/ccol521633230.011
- Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326. https://doi.org/10.1002/jae.616
- Soava, G., Mehedintu, A., Sterpu, M., & Raduteanu, M. (2018). Impact of Renewable Energy Consumption on Economic Growth: Evidence From European Union Countries. Technological and Economic Development of Economy, 24(3), 914–932. https://doi.org/10.3846/tede.2018.1426
- UN. (1998). Kyoto Protocol to the United Nations Framework Convention on Climate Change.
- UN. (2015). Paris Agreement. Paris.
- WorldBank. (2022). The World by Income and Region. Retrieved 2023, from The World Bank: https://datatopics.worldbank.org/world-development-indicators/the-world-by-income-and-region.html
- Zandalinas, S., Fritschi, F., & Mittler, R. (2021). Global Warming, Climate Change, and Environmental Pollution: Recipe for a Multifactorial Stress Combination Disaster. Trends in Plant Science, 26(6), 588–599. https://doi.org/10.1016/j.tplants.2021.02.011
- Zhang, M., Abbasi, K., Inuwa, N., Sinisi, C., Alvarado, R., & Ozturk, I. (2023). Does economic policy uncertainty, energy transition and ecological innovation affect environmental degradation in the United States? Economic Research-Ekonomska Istraživanja, 36(2), 2177698. https://doi.org/10.1080/1331677X.2023.2177698
Language: English
Page range: 119 - 134
Submitted on: Aug 15, 2023
Accepted on: Sep 22, 2023
Published online: Oct 13, 2023
Published in print: Jan 1, 2023
Published by: Riga Technical University
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year
Keywords:
Related subjects:
© 2023 Hafid Boudiaf, published by Riga Technical University
This work is licensed under the Creative Commons Attribution 4.0 License.