气候变化领域集成服务门户(CCPortal): Energy efficiency a source of low carbon energy sources? Evidence from 16 high-income OECD economies

CCPortal

DOI	10.1016/j.energy.2021.123063
	Energy efficiency a source of low carbon energy sources? Evidence from 16 high-income OECD economies
	Hassan, Taimoor; Song, Huaming; Khan, Yasir; Kirikkaleli, Dervis
发表日期	2022
ISSN	0360-5442
EISSN	1873-6785
卷号	243
英文摘要	In the wake of global climate change and environmental degradation, an urgent action on a global scale is required to decarbonize the energy sector. From fossil fuel to renewables, energy efficiency and technological advancement are the most important factors responsible for an effective energy transformation. The present study investigates the magnitude of mitigating role of energy efficiency (EE), renewable energy (REC), technological advancement (ENVTECH) on Ecological footprint (ECFP) for the sixteen high-income economies of the Organization of Economic Cooperation and Development (OECD) over the period of 1990e2020 by employing various econometric estimations such as panel co integration, Augmented Mean Group, Common Correlated Mean Group, Random effect, Fixed effect and Mean Group estimation techniques. Moreover, the role of gross domestic product (GDPP) is also observed as a proxy for economic growth. The empirical findings reveal that EE, REC, and ENVTECH improve environmental quality, whereas GDPP is a carrier of environmental degradation in the selected economies. Interestingly, energy efficiency holds the leading position among all observed factors to decarbonize and effectually transform the energy sector to greener production and consumption in the presence of environmentally friendly advancements in technology. The robustness tests results also support the findings of our basic empirical output. Furthermore, a unidirectional causality running from REC, GDPP, and ENVTECH to ECFP, whereas, a bi-directional causality between EE and ECFP is also validated. Any change in these factors will granger cause ECFP. The findings are of significant consequences as the selected OECD economies are expected to gain from energy transition to renewables enabled by energy efficiency and enhancement of environment-friendly technology in the near future.(c) 2022 Elsevier Ltd. All rights reserved.
英文关键词	Energy efficiency; Ecological footprint; Renewable energy; Environment friendly technology; CCMEG; AMG
语种	英语
WOS研究方向	Thermodynamics ; Energy & Fuels
WOS类目	Science Citation Index Expanded (SCI-EXPANDED)
WOS记录号	WOS:000791931700007
来源期刊	ENERGY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280921
作者单位	Nanjing University of Science & Technology; Anhui Polytechnic University; Lefke Avrupa University
推荐引用方式 GB/T 7714	Hassan, Taimoor,Song, Huaming,Khan, Yasir,et al. Energy efficiency a source of low carbon energy sources? Evidence from 16 high-income OECD economies[J],2022,243.
APA	Hassan, Taimoor,Song, Huaming,Khan, Yasir,&Kirikkaleli, Dervis.(2022).Energy efficiency a source of low carbon energy sources? Evidence from 16 high-income OECD economies.ENERGY,243.
MLA	Hassan, Taimoor,et al."Energy efficiency a source of low carbon energy sources? Evidence from 16 high-income OECD economies".ENERGY 243(2022).