Natural resource rent, green finance, and CO2 emissions from the industrial sector

IF 10.2 2区 经济学 0 ENVIRONMENTAL STUDIES
Henian Zhu , Mengya Chen , Songnian Zhao
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引用次数: 0

Abstract

This study investigates the effect of natural resource rents and green finance on industrial sustainability in 20 OECD countries from 2010 to 2020, using the CCEMG-ARDL approach. Findings reveal that a 1% increase in green finance reduces CO2 emissions by 0.43% in the short term and 0.27% in the long term, highlighting its role in supporting environmentally friendly investments. In contrast, a 1% rise in fossil fuel rents increases CO2 emissions by 0.29% short-term and 0.05% long-term, showing the pollutive impact of fossil fuel profits. Additionally, a 1% increase in electricity usage raises CO2 emissions by 0.41% short-term and 0.16% long-term, stressing the need for cleaner energy. Industry-specific patents show limited alignment with sustainability goals. Policy measures should target resource rent management, boost green finance, and encourage sustainable practices to promote industrial greening.
自然资源租金、绿色金融和工业部门的二氧化碳排放
本研究采用 CCEMG-ARDL 方法,研究了 2010 年至 2020 年期间自然资源租金和绿色金融对 20 个经合组织国家工业可持续性的影响。研究结果表明,绿色金融每增加 1%,二氧化碳排放量在短期内减少 0.43%,长期内减少 0.27%,这凸显了绿色金融在支持环境友好型投资方面的作用。相比之下,化石燃料租金每增加 1%,二氧化碳排放量短期增加 0.29%,长期增加 0.05%,显示了化石燃料利润的污染影响。此外,用电量增加 1%,二氧化碳排放量短期增加 0.41%,长期增加 0.16%,强调了对清洁能源的需求。特定行业专利与可持续发展目标的一致性有限。政策措施应针对资源租赁管理、促进绿色金融、鼓励可持续实践,以推动工业绿化。
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来源期刊
Resources Policy
Resources Policy ENVIRONMENTAL STUDIES-
CiteScore
13.40
自引率
23.50%
发文量
602
审稿时长
69 days
期刊介绍: Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.
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