Nudrat Fatima, Hu Xuhua, Hind Alnafisah, Saher Zeast, Muhammad Rehan Akhtar
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引用次数: 0
Abstract
Climate change affects the world economy, environment, and human well-being, jeopardizing overall sustainability. The escalating impacts of climate change emphasize the necessity to assess the moderating influence of environmental policy stringency (EPS) on the association of energy transition (ET) and GHG emissions from 1990 to 2020 across 36 OECD countries. Further, this study incorporates the direct impact of energy transition (ET), environmental-related technology (ERTs), green innovation (INV), and Gross Domestic Product (GDP) on GHG emission. For this purpose, study employs an extensive range of econometric techniques, including DOLS, FMOLS, CCR, and MMQR approaches to evaluate data attributes. The findings of MMQR demonstrate that interaction of ET*EPS contributes to lower GHG emissions from −0.271% to −0.300% across all quantiles (20th to 80th). This indicates that the implementation of environmental policies fosters adoption of energy transitions to mitigate the negative effects of climate change, particularly to reduce GHG emissions. Further, environmental-related technologies (ERTs) and green innovation (INV) decrease GHG emissions by 0.15%–0.13% and 0.967%–2.049%, respectively, across all quantiles, thus encouraging environmental sustainability. The heterogeneous effect of ERTs is due to varying levels of adoption of environmental technologies in sample countries. The findings highlight the crucial need for integrating environmental policy strictness and energy transition measures to effectively mitigate GHG emissions. It highlights the significance of adaptive, responsive policies that are in line with SDGs 7 & 13, which concentrate on sustainable energy practices and integrated climate action in OECD economies.
期刊介绍:
ESEU is an international journal, focusing primarily on Europe, with a broad scope covering all aspects of environmental sciences, including the main topic regulation.
ESEU will discuss the entanglement between environmental sciences and regulation because, in recent years, there have been misunderstandings and even disagreement between stakeholders in these two areas. ESEU will help to improve the comprehension of issues between environmental sciences and regulation.
ESEU will be an outlet from the German-speaking (DACH) countries to Europe and an inlet from Europe to the DACH countries regarding environmental sciences and regulation.
Moreover, ESEU will facilitate the exchange of ideas and interaction between Europe and the DACH countries regarding environmental regulatory issues.
Although Europe is at the center of ESEU, the journal will not exclude the rest of the world, because regulatory issues pertaining to environmental sciences can be fully seen only from a global perspective.