Sustainable development in a carbon‐conscious world: Quantile regression insights into CO2 emission drivers

IF 3.5 4区社会学 Q2 ENVIRONMENTAL SCIENCES

Natural Resources Forum Pub Date : 2024-03-12 DOI:10.1111/1477-8947.12449

Muhammad Shahbaz, Nikunj Patel

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引用次数: 0

Abstract

In the face of mounting global concerns over climate change and its far‐reaching consequences, this research paper examines the effect of economic growth, natural resources, energy sources, trade, environment‐related technologies, energy intensity, and environmental tax on carbon dioxide (CO2) emissions. This study employs the Method of Moments Quantile Regression approach with data from 108 countries between 1990 and 2020. The empirical outcomes revealed a positive relationship between economic growth and CO2 emissions, following an inverted U‐shaped pattern known as the Environmental Kuznets Curve. Energy intensity and the use of fossil fuels both raise CO₂ emissions, whereas environmental taxes and the generation of renewable energy significantly reduce carbon emissions, especially at higher quantiles. Hence, implementing higher environmental tax levels and promoting cleaner energy sources mitigate pollution. Trade and the development of environment‐related technologies appear to contribute to mitigating CO2 emissions, yet their statistical significance remains inconclusive. The findings emphasize the importance of sustainable development strategies that balance economic growth with environmental protection. Policymakers should prioritize promoting renewable energy, improving energy efficiency, and reassessing environmental tax levels to align with climate change goals.

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碳意识世界中的可持续发展：量子回归对二氧化碳排放驱动因素的启示

面对全球对气候变化及其深远影响的日益关注，本研究论文探讨了经济增长、自然资源、能源、贸易、环境相关技术、能源强度和环境税对二氧化碳（CO2）排放量的影响。本研究采用矩量回归法（Method of Moments Quantile Regression），使用了 1990 年至 2020 年 108 个国家的数据。实证结果显示，经济增长与二氧化碳排放之间存在正相关关系，呈现倒 U 型模式，即环境库兹涅茨曲线。能源强度和化石燃料的使用都会增加二氧化碳排放量，而环境税和可再生能源的产生则会显著减少碳排放量，尤其是在较高的量级。因此，征收更高的环境税和推广更清洁的能源可减轻污染。贸易和环境相关技术的发展似乎有助于减少二氧化碳排放，但其统计意义仍不确定。研究结果强调了平衡经济增长与环境保护的可持续发展战略的重要性。政策制定者应优先推广可再生能源，提高能源效率，并重新评估环境税水平，使其与气候变化目标保持一致。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Natural Resources Forum 环境科学-环境科学

CiteScore

6.10

自引率

0.00%

发文量

审稿时长

>36 weeks

期刊介绍： Natural Resources Forum, a United Nations Sustainable Development Journal, focuses on international, multidisciplinary issues related to sustainable development, with an emphasis on developing countries. The journal seeks to address gaps in current knowledge and stimulate policy discussions on the most critical issues associated with the sustainable development agenda, by promoting research that integrates the social, economic, and environmental dimensions of sustainable development. Contributions that inform the global policy debate through pragmatic lessons learned from experience at the local, national, and global levels are encouraged. The Journal considers articles written on all topics relevant to sustainable development. In addition, it dedicates series, issues and special sections to specific themes that are relevant to the current discussions of the United Nations Commission on Sustainable Development (CSD). Articles must be based on original research and must be relevant to policy-making. Criteria for selection of submitted articles include: 1) Relevance and importance of the topic discussed to sustainable development in general, both in terms of policy impacts and gaps in current knowledge being addressed by the article; 2) Treatment of the topic that incorporates social, economic and environmental aspects of sustainable development, rather than focusing purely on sectoral and/or technical aspects; 3) Articles must contain original applied material drawn from concrete projects, policy implementation, or literature reviews; purely theoretical papers are not entertained.