气候变化领域集成服务门户(CCPortal): Understanding how climate preferences, environmental policy stringency, and energy policy uncertainty shape renewable energy investments in Germany

CCPortal

DOI	10.1007/s10098-024-02876-1
	Understanding how climate preferences, environmental policy stringency, and energy policy uncertainty shape renewable energy investments in Germany
	Meo, Muhammad Saeed; Erum, Naila; Ayad, Hicham
发表日期	2024
ISSN	1618-954X
EISSN	1618-9558
英文摘要	Germany, as one of the largest carbon emitters in the world, faces a crucial challenge in meeting SDG 7, which underscores the importance of affordable and clean energy. To achieve sustainability and combat climate change, it is imperative for Germany to devise innovative policies aimed at enhancing the accessibility and cleanliness of energy sources. Therefore, this study examines how climate preference, environmental policy stringency, and energy policy uncertainty affect renewable energy investments. We used a unique bootstrap rolling window causality technique to examine sectoral quarterly data from 2004 to 2021. The results from the parameter instability tests indicate that none of the estimated models exhibit constant parameters. The bootstrap rolling window causality analysis reveals that climate preference and environmental policy stringency significantly and positively impact biomass and solar energy investments, while having no influence on wind energy investments. Meanwhile, energy policy uncertainty negatively affects biomass and solar energy investments, with no impact on wind energy investments. The study provides policymakers with practical insights to help them make insightful decisions and accomplish strategic actions to encourage renewable energy investments and a sustainable future. [GRAPHICS] .
英文关键词	Renewable energy investment; Climate preference; Energy policy uncertainty; Environmental policy stringency; Biomass energy investment; Solar energy investment; Wind energy investment
语种	英语
WOS研究方向	Science & Technology - Other Topics ; Engineering ; Environmental Sciences & Ecology
WOS类目	Green & Sustainable Science & Technology ; Engineering, Environmental ; Environmental Sciences
WOS记录号	WOS:001226744200003
来源期刊	CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/294570
作者单位	Sunway University; Lefke Avrupa University; Universiti Teknologi MARA
推荐引用方式 GB/T 7714	Meo, Muhammad Saeed,Erum, Naila,Ayad, Hicham. Understanding how climate preferences, environmental policy stringency, and energy policy uncertainty shape renewable energy investments in Germany[J],2024.
APA	Meo, Muhammad Saeed,Erum, Naila,&Ayad, Hicham.(2024).Understanding how climate preferences, environmental policy stringency, and energy policy uncertainty shape renewable energy investments in Germany.CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY.
MLA	Meo, Muhammad Saeed,et al."Understanding how climate preferences, environmental policy stringency, and energy policy uncertainty shape renewable energy investments in Germany".CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY (2024).