气候变化领域集成服务门户(CCPortal): Modeling the Nexus between geopolitical risk, oil price volatility and renewable energy investment; evidence from Chinese listed firms

CCPortal

DOI	10.1016/j.renene.2024.120309
	Modeling the Nexus between geopolitical risk, oil price volatility and renewable energy investment; evidence from Chinese listed firms
	Zhao, Dong; e-Ali, Muhammad Sibt; Chaudhry, Muhammad Omer; Ayub, Bakhtawer; Waqas, Muhammad; Ullah, Irfan
发表日期	2024
ISSN	0960-1481
EISSN	1879-0682
起始页码	225
卷号	225
英文摘要	Improving energy efficiency and investing in renewable sources are key influential factors that may lead to sustainable results from climate change policies. Using the data from Chinese listed companies, this study intends to find the impact of green financing, oil price volatility, and geopolitical risk in dealing with renewable energy investment. Therefore, this study used OLS and two-stage IV-GMM estimating methods considering direct and indirect relationships between the variables of interest. Similarly, this study also uses the advanced series of estimators in which AMG and CCE-MG estimators are being utilised to validate further. This research confirms the importance of green funding and environmental taxes in encouraging investment in renewable energy sources. According to Heckman's two-stage model with endogenous effects on the Chinese economy, geopolitical risk affects green investments in both the short and long term. Further, the analysis bolsters the connection between green financing and renewable energy investment while validating the moderating function of green regulations. The research suggests that China should prioritize the growth of eco-friendly businesses so that investments in renewable energy sources become mainstream. By integrating theoretical and empirical findings, the study has helped policymakers to make better decisions when developing and implementing environmental initiatives.
英文关键词	Geopolitical risk; Renewable energy investment; Ordinary least square (OLS) method; Oil price volatility; Green bonds; China
语种	英语
WOS研究方向	Science & Technology - Other Topics ; Energy & Fuels
WOS类目	Green & Sustainable Science & Technology ; Energy & Fuels
WOS记录号	WOS:001206412000001
来源期刊	RENEWABLE ENERGY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/295789
作者单位	East China Jiaotong University; Zhengzhou University; Bahauddin Zakariya University; International Islamic University, Pakistan; Nanjing University of Information Science & Technology
推荐引用方式 GB/T 7714	Zhao, Dong,e-Ali, Muhammad Sibt,Chaudhry, Muhammad Omer,et al. Modeling the Nexus between geopolitical risk, oil price volatility and renewable energy investment; evidence from Chinese listed firms[J],2024,225.
APA	Zhao, Dong,e-Ali, Muhammad Sibt,Chaudhry, Muhammad Omer,Ayub, Bakhtawer,Waqas, Muhammad,&Ullah, Irfan.(2024).Modeling the Nexus between geopolitical risk, oil price volatility and renewable energy investment; evidence from Chinese listed firms.RENEWABLE ENERGY,225.
MLA	Zhao, Dong,et al."Modeling the Nexus between geopolitical risk, oil price volatility and renewable energy investment; evidence from Chinese listed firms".RENEWABLE ENERGY 225(2024).