Effects of renewable andnon-renewableenergy consumption on CO2 emissions in India: Empirical evidence from disaggregated data analysis

In this paper, we examined the relationship between renewable and non-renewable energy consumption on CO2 emissions in India by taking disaggregated data from 1965 to 2018. In order to determine the effect of long-run elasticity of independent variables on dependent variables, we have used ARDL bound testing approach. The directions of causality of the variables are investigated by Toda-Yamamoto Granger causality test. The long-run results reveal that hydro energy consumption has a positive impact on CO2 emissions but not significant. However, nuclear energy consumption indicates that there is a negative effect on CO2 emissions. It reveals that all non-renewable energy consumption sources have positive and significant effect on CO2 emissions.

Automated summary

This paper examines the impact of renewable and non-renewable energy consumption on CO2 emissions in India using disaggregated data from 1965 to 2018. The long-run results suggest that hydro energy consumption has a positive but insignificant impact on CO2 emissions, while nuclear energy consumption has a negative impact. All non-renewable energy sources have a positive and significant effect on CO2 emissions.