Impact of technology on the relation between disaggregated energy consumption and CO2 emission in populous countries of Asia

All around the world, but particularly in developing nations, carbon dioxide emissions are on the rise, and climate change and global warming are brought on by an increase in CO2 emissions. This article provides an overview of the technological effect on energy consumption in the residential, transport, and industrial sector and its ultimate effect on the environment. Using the STIRPAT-Kaya-EKC model for the years 1990 to 2020, this study looked at the threshold impact of technological advancements on the link between disaggregated energy use and CO2 emissions for a panel of 10 Asian countries using the panel threshold regression. Findings demonstrate that the EKC phenomenon is present in the chosen Asian region. Findings also suggest that technology has a threshold influence on the relationship between energy use and carbon emissions; however, this effect varies across sectors.

Automated summary

Carbon dioxide emissions are increasing all over the world, especially in developing countries, leading to climate change and global warming. This article provides an overview of the impact of technology on energy consumption and its consequences for the environment in residential, transport, and industrial sectors. By using the STIRPAT-Kaya-EKC model and panel threshold regression, this study investigates the threshold effect of technological advancements on the relationship between energy use and CO2 emissions in 10 Asian countries from 1990 to 2020. The findings reveal the presence of the Environmental Kuznets Curve (EKC) phenomenon in the chosen Asian region and suggest that technology has a threshold influence on the energy use and carbon emissions relationship, although this effect varies across sectors.