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DOI10.1016/j.eap.2023.01.010
Does technology innovation help to achieve carbon neutrality?
Su, Chi Wei; Liu, Fangying; Stefea, Petru; Umar, Muhammad
发表日期2023
ISSN0313-5926
起始页码1
结束页码14
卷号78
英文摘要Technological innovation (TI) can optimise energy structure and achieve green devel-opment, notably by reducing carbon dioxide (CO2) emissions. In the context of global warming, testing whether TI can reduce CO2 emissions is essential to achieve carbon neutrality. Therefore, the rolling-window method is used to overcome the issue of non -constant parameters in VAR systems and time series and further examines the role of TI in mitigating carbon pollution. The findings reveal that TI has both positive and negative effects on CO2. The negative impact suggests that TI is an efficient way to reduce CO2 emissions. This outcome is consistent with the energy-environment model, implying that TI has prominent potential to decrease climate change risks and accomplish net -zero emissions. Nevertheless, the positive effect indicates that the rebound effect of TI will increase energy consumption and cause more pollution. Conversely, the negative link of CO2 on TI means governments tend to make greener policies to reduce carbon pollution under intense environmental pressure. Thus, governments should accelerate the process of energy structure transformation and encourage ecological innovation development related to environmental protection. Besides, financial institutions must provide ample funds to launch low-carbon development strategies, mitigate climate change and promote sustainable economic growth.(c) 2023 Published by Elsevier B.V. on behalf of Economic Society of Australia, Queensland.
英文关键词Technology innovation; Carbon emission reduction; Carbon neutrality; Rolling window; Causal relationship
语种英语
WOS研究方向Economics
WOS类目Social Science Citation Index (SSCI)
WOS记录号WOS:000935724200001
来源期刊ECONOMIC ANALYSIS AND POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/281263
作者单位Qingdao University; Lebanese American University; West University of Timisoara
推荐引用方式
GB/T 7714
Su, Chi Wei,Liu, Fangying,Stefea, Petru,et al. Does technology innovation help to achieve carbon neutrality?[J],2023,78.
APA Su, Chi Wei,Liu, Fangying,Stefea, Petru,&Umar, Muhammad.(2023).Does technology innovation help to achieve carbon neutrality?.ECONOMIC ANALYSIS AND POLICY,78.
MLA Su, Chi Wei,et al."Does technology innovation help to achieve carbon neutrality?".ECONOMIC ANALYSIS AND POLICY 78(2023).
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