气候变化领域集成服务门户(CCPortal): Renewable energy consumption, environmental degradation and economic growth: the greener the richer?

CCPortal

DOI	10.1016/j.ecolind.2022.108912
	Renewable energy consumption, environmental degradation and economic growth: the greener the richer?
	Magazzino, Cosimo; Toma, Pierluigi; Fusco, Giulio; Valente, Donatella; Petrosillo, Irene
发表日期	2022
ISSN	1470-160X
EISSN	1872-7034
卷号	139
英文摘要	Climate change presents the greatest challenge facing all countries of the world in the new millennium. Among others, objective 13 of the Sustainable Development Goals (SDGs) aims at adopting urgent measures to contrast climate change and its consequences. Part of the decline in the global growth of emissions has been the increase in using renewable energies. In this context, the relationship among GDP, CO2 emissions, and renewable energy use has been investigated in this study, starting from a systematic review that has noticed the presence of three clusters focused on: CO2 emissions, GDP, and energy consumption. Despite the current level of interest in examining the relationship among these variables, there have been few empirical studies. To fill this knowledge gap, this paper has been focused on the Scandinavian countries, where the use of renewable energies has steadily increased, developing novel panel analysis estimates. Using a dataset of these five economies over a 1990-2018 time period, several panel data tests have been carried out, in order to robustly assess the causality issue among renewable energies, CO2 emissions, and GDP. The results of the empirical analysis imply that renewable energy consumption is a useful policy instrument to reduce CO2 emissions without adversely affecting GDP growth. The main implications have been that the decrease of CO2 emissions, by increasing renewable energy use, can guarantee high levels of energy efficiency and economic growth. These empirical findings help design innovative energy policy roadmaps and accelerate the ecological transition through the promotion of renewable energy and the reduction of GHG emissions.
英文关键词	Sustainability; Renewable energy; CO2 emissions; GDP; Panel data; Scandinavian countries
语种	英语
WOS研究方向	Biodiversity Conservation ; Environmental Sciences
WOS类目	Science Citation Index Expanded (SCI-EXPANDED)
WOS记录号	WOS:000804692500005
来源期刊	ECOLOGICAL INDICATORS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280714
作者单位	Roma Tre University; University of Salento; University of Salento
推荐引用方式 GB/T 7714	Magazzino, Cosimo,Toma, Pierluigi,Fusco, Giulio,et al. Renewable energy consumption, environmental degradation and economic growth: the greener the richer?[J],2022,139.
APA	Magazzino, Cosimo,Toma, Pierluigi,Fusco, Giulio,Valente, Donatella,&Petrosillo, Irene.(2022).Renewable energy consumption, environmental degradation and economic growth: the greener the richer?.ECOLOGICAL INDICATORS,139.
MLA	Magazzino, Cosimo,et al."Renewable energy consumption, environmental degradation and economic growth: the greener the richer?".ECOLOGICAL INDICATORS 139(2022).