Linking nuclear energy, human development and carbon emission in BRICS region: Do external debt and financial globalization protect the environment?

Article Thermodynamics

How do financial development, energy consumption, natural resources, and globalization affect Arctic countries' economic growth and environmental quality? An advanced panel data simulation

Muhammad Usman et al.

Summary: This study analyzes the impact of financial development, natural resources, globalization, and energy consumption on greenhouse gas emissions and economic growth in Arctic countries, and offers policy recommendations.

ENERGY (2022)

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Article Green & Sustainable Science & Technology

The environmental Kuznets curve, based on the economic complexity, and the pollution haven hypothesis in PIIGS countries

Daniel Balsalobre-Lorente et al.

Summary: This study investigates the dynamic association between economic complexity, foreign direct investment, renewable energy, urbanization process, and carbon emissions in PIIGS countries. The results show an inverted-U and further N-shaped relationship between economic complexity and CO2 emissions, confirming the presence of the environmental Kuznets curve hypotheses. The findings also support the pollution haven hypothesis and reveal the inhibiting effect of renewable energy on CO2 emissions. Urbanization process exerts significant pressure on environmental quality. Additionally, a bidirectional causal link is found between economic complexity and CO2 emissions.

RENEWABLE ENERGY (2022)

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Article Business, Finance

The impact of clean energy consumption on economic growth in China: Is environmental regulation a curse or a blessing?

En-Ze Wang et al.

Summary: Using a finite mixture model to estimate the production function, this research examines the interrelationships among environmental regulation, clean energy consumption, and economic growth. The findings show that environmental regulation enhances the positive impact of clean energy consumption on economic growth, while ignoring measurement error and misspecifying the production function can bias estimation results. Moreover, traditional frameworks may underestimate the significance of clean energy consumption's impact on economic growth compared to accounting for heterogeneity and using clean energy production data.

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE (2022)

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Article Social Issues

Dynamic association between ICT, renewable energy, economic complexity and ecological footprint: Is there any difference between E-7 (developing) and G-7 (developed) countries?

Yongming Huang et al.

Summary: This empirical research investigates the relationship between ICT, renewable energy, economic complexity, human capital, financial development, and ecological footprint in E-7 and G-7 countries from 1995 to 2018. The findings suggest that ICT, economic complexity, and human capital increase pollution levels, while renewable energy significantly reduces them. In G-7 countries, all factors except financial development improve environmental quality. Additionally, the interaction between ICT and human capital reduces the ecological footprint level in both panel countries.

TECHNOLOGY IN SOCIETY (2022)

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Article Economics

Environmental concern in the era of industrialization: Can financial development, renewable energy and natural resources alleviate some load?

Muhammad Usman et al.

Summary: This study examines the influence of industrialization, total reserves, financial development, renewable energy, and natural resources on the ecological footprint in newly industrialized countries. The findings suggest that industrialization, total reserves, and financial development significantly drive environmental pollution, while the abundance of natural resources and renewable energy mitigates it. The study also identifies causal relationships between these factors and the ecological footprint.

ENERGY POLICY (2022)

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Article Green & Sustainable Science & Technology

Do renewable energy consumption and financial globalisation contribute to ecological sustainability in newly industrialized countries?

Yang Miao et al.

Summary: This study uses the Method of Moments Quantile Regression (MMQR) technique to analyze the impact of financial globalization and renewable energy consumption on ecological footprint in newly industrialized countries. The findings suggest that financial globalization and renewable energy consumption contribute to environmental quality, while economic growth and natural resource consumption increase ecological footprint. The study also validates the Environmental Kuznets Curve hypothesis and finds that financial globalization indirectly affects the environment through natural resources.

RENEWABLE ENERGY (2022)

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Article Environmental Studies

The linkages between natural resources, human capital, globalization, economic growth, financial development, and ecological footprint: The moderating role of technological innovations

Atif Jahanger et al.

Summary: Ensuring a balance between economic and ecological well-being is crucial for governments worldwide. This study examines the influence of various factors on the ecological footprint of developing countries. The findings suggest that technological innovation can help inhibit the increase in ecological footprint, while natural resource consumption significantly contributes to its growth. Globalization reduces the ecological footprint of African and Latin American countries, and financial development decreases the ecological footprint of Asian countries.

RESOURCES POLICY (2022)

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Article Energy & Fuels

The dynamic impact of biomass and natural resources on ecological footprint in BRICS economies: A quantile regression evidence

Abraham Ayobamiji Awosusi et al.

Summary: This research examines the challenges faced by emerging economies, including the BRICS economies, in achieving the Sustainable Development Goals (SDGs). It proposes a model for the BRICS economies to establish an SDG framework that can be used as a reference for other countries. The study investigates the impact of biomass energy usage on ecological footprint in the BRICS economies, considering factors such as gross capital formation, natural resources, and globalization. The findings indicate that globalization and biomass energy use can help mitigate environmental degradation, while economic growth, natural resources, and gross capital formation contribute to environmental degradation. The research suggests a shift towards renewable energy alternatives and the improvement of biomass conversion efficiency in energy policies.

ENERGY REPORTS (2022)

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Article Energy & Fuels

Drivers of environmental degradation in Turkey: Designing an SDG framework through advanced quantile approaches

Tomiwa Sunday Adebayo et al.

Summary: Turkey lags behind in achieving its Sustainable Development Goals, with environmental deterioration being one of the primary issues. This research assesses the impact of renewable energy use, financial development, urbanization, and agriculture on CO2 emissions and proposes a policy framework based on the research findings for SDG implementation.

ENERGY REPORTS (2022)

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Article Environmental Sciences

Dynamic relationship between technological innovations, financial development, renewable energy, and ecological footprint: fresh insights based on the STIRPAT model for Asia Pacific Economic Cooperation countries

Muhammad Usman et al.

Summary: The study examines the impact of factors such as technological innovation, financial development, renewable energy consumption, economic growth, and population on the ecological footprint in APEC countries from 1990 to 2017. It finds that financial development and renewable energy utilization have positive effects on environmental quality, while technological innovation, economic growth, and population size have negative effects in the long run. Additionally, the study shows a bidirectional causality relationship among different factors.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

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Article Green & Sustainable Science & Technology

Renewable and non-renewable energy policy simulations for abating emissions in a complex economy: Evidence from the novel dynamic ARDL

Festus Fatai Adedoyin et al.

Summary: Japan is ranked as the most complex economy globally, and aims to reduce emissions by boosting cleaner energy sources. The study demonstrates that increasing renewable energy and economic complexity can help decrease carbon emissions in the long run, presenting a potential path for Japan to achieve its ambitious energy and environmental targets.

RENEWABLE ENERGY (2021)

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Article Green & Sustainable Science & Technology

What abates ecological footprint in BRICS-T region? Exploring the influence of renewable energy, non-renewable energy, agriculture, forest area and financial development

Muhammad Usman et al.

Summary: The study found significant impacts of agriculture value-added, non-renewable energy, and financial development on the ecological footprint of BRICS-T countries, while forestry and renewable energy utilization contribute to improving environmental quality in the long run. Causality analysis reveals the presence of a feedback effect between agriculture, financial development, and ecological footprint, as well as a growth hypothesis from forest area, renewable, and non-renewable energy utilization to ecological footprint.

RENEWABLE ENERGY (2021)

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Article Green & Sustainable Science & Technology

The nexus between renewable energy consumption and human development in BRICS countries: The moderating role of public debt

Zhaohua Wang et al.

Summary: This study examines the relationship between renewable energy consumption and human development in BRICS countries from 1990 to 2016, finding that the use of renewable energy stimulates human development while public debt has a negative impact. Additionally, the interaction between renewable energy usage and public debt further reduces human development.

RENEWABLE ENERGY (2021)

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Article Construction & Building Technology

Does financial inclusion, renewable and non-renewable energy utilization accelerate ecological footprints and economic growth? Fresh evidence from 15 highest emitting countries

Muhammad Usman et al.

Summary: The study found that financial development, renewable energy, and trade openness significantly contribute to reducing environmental degradation, while economic growth and non-renewable energy utilization are more responsible for environmental damages. In the growth function, financial development and energy utilization have a significant promoting effect on economic growth. Lastly, some policy suggestions and future research directions were discussed for these economies.

SUSTAINABLE CITIES AND SOCIETY (2021)

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Article Green & Sustainable Science & Technology

Do industrialization, economic growth and globalization processes influence the ecological footprint and healthcare expenditures? Fresh insights based on the STIRPAT model for countries with the highest healthcare expenditures

Bo Yang et al.

Summary: This study examines the impacts of industrialization, economic growth, and globalization on ecological footprint and healthcare expenditures in the top ten countries with the highest healthcare expenditures. Findings suggest that industrialization, healthcare expenditures, and economic growth contribute to increased pollution levels, while globalization and urbanization processes reduce environmental damage. Additionally, there are bidirectional causal relationships between healthcare expenditures, urban population, industrialization, and ecological footprint.

SUSTAINABLE PRODUCTION AND CONSUMPTION (2021)

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Article Business

Modeling the dynamic linkage between financial development, energy innovation, and environmental quality: Does globalization matter?

Muhammad Awais Baloch et al.

Summary: This study explores the relationship between financial development, economic growth, energy innovation, and environmental pollution. The empirical evidence suggests that financial development promotes energy innovation and improves environmental quality, while globalization is also related to energy innovation and reducing greenhouse gas emissions over the long term. The findings validate the environmental Kuznets curve for OECD countries, highlighting the significance of financial development, globalization, and energy innovation.

BUSINESS STRATEGY AND THE ENVIRONMENT (2021)

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Article Energy & Fuels