Testing the ecological effect of wind and solar energy consumption: A novel regularized common correlated effect approach for top oil-importing countries

IF 3.5 4区社会学 Q2 ENVIRONMENTAL SCIENCES

Natural Resources Forum Pub Date : 2024-03-28 DOI:10.1111/1477-8947.12455

Ugur Korkut Pata, Mustafa Tevfik Kartal

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引用次数: 0

Abstract

Top oil importer countries produce large amounts of carbon emission and pollute soil and water, threatening sustainable development. Given this issue, this study examines the impact of solar energy consumption, wind energy consumption, and natural resources rent on the environmental conditions of the top five oil-importing countries (China, the United States, India, Japan, and South Korea) for the period 1997–2021. In this context, the study analyzes the validity of the environmental Kuznets curve and load capacity curve hypotheses for the top five oil-importing countries using the novel regularized common correlated effects method. The regularized common correlated effect results show that the environmental Kuznets curve and load capacity curve hypotheses are valid and that wind energy consumption supports environmental quality by helping to reduce carbon emissions and increase the load capacity factor. However, solar energy usage and natural resources rent have no impact on ecological quality. Based on these outcomes, the top five oil importers can provide a better environment for their societies by promoting wind energy consumption while taking environmental concerns into account.

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测试风能和太阳能消费的生态效应：针对顶级石油进口国的新型正则化共同相关效应方法

石油进口大国产生大量碳排放，污染土壤和水源，威胁可持续发展。鉴于此，本研究探讨了 1997-2021 年间太阳能消费、风能消费和自然资源租金对五大石油进口国（中国、美国、印度、日本和韩国）环境状况的影响。在此背景下，本研究采用新颖的正则化共同相关效应方法，分析了五大石油进口国环境库兹涅茨曲线和负载能力曲线假说的有效性。正则化共同相关效应结果表明，环境库兹涅茨曲线和负载能力曲线假设是有效的，风能消费有助于减少碳排放和提高负载能力系数，从而支持环境质量。然而，太阳能使用和自然资源租金对生态质量没有影响。基于这些结果，五大石油进口国可以在考虑环境问题的同时，通过促进风能消费为社会提供更好的环境。

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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.