Environmental regulations or environmental-related technology to overcome energy security risk? Empirical analysis for top manufacturing countries

IF 9.3 2区经济学 Q1 ECONOMICS

Energy Policy Pub Date : 2024-10-29 DOI:10.1016/j.enpol.2024.114397

Naveed Aslam, Wanping Yang, Rabia Saeed

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引用次数: 0

Abstract

This research analyzes the trade-off between environmental regulations and environment-related technology as a solution to overcome energy security risks in 23 top manufacturing countries for the period 1995 to 2018. This is the first study examining the effects of environmental regulations and environment-related technology on energy security risk. According to the results from a Panel quantile regression (PQL) and feasible generalized least squares (FGLS), environmental regulation is an optimum solution to overcome energy security risk in selected countries while environment-related technology at a certain level can be used to decrease energy-related risk. Moreover, the interactive effects of environmental regulations and environmental technology can be highly influential in limiting energy-related risks. Furthermore, the export sector increases risk while manufacturing imports and GDP growth decrease energy-related risks. This study recommends formulating and implementing environmental regulations in controlling energy security risks. This study further recommends reducing exports and increasing manufacturing imports to overcome domestic energy consumption from production units to overcome energy-related risks.

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克服能源安全风险的环境法规或环境相关技术？顶级制造业国家的经验分析

本研究分析了 1995 年至 2018 年期间 23 个顶级制造业国家在环境法规和环境相关技术之间的权衡，以此作为克服能源安全风险的解决方案。这是首次研究环境法规和环境相关技术对能源安全风险的影响。根据面板量化回归（PQL）和可行广义最小二乘法（FGLS）的结果，在选定的国家中，环境法规是克服能源安全风险的最佳解决方案，而一定水平的环境相关技术可用于降低能源相关风险。此外，环境监管和环境技术的互动效应对限制能源相关风险有很大影响。此外，出口部门会增加风险，而制造业进口和 GDP 增长则会降低能源相关风险。本研究建议在控制能源安全风险时制定并实施环境法规。本研究还建议减少出口，增加制造业进口，以克服生产单位的国内能源消耗，从而克服能源相关风险。

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

Energy Policy 管理科学-环境科学

CiteScore

17.30

自引率

5.60%

发文量

540

审稿时长

7.9 months

期刊介绍： Energy policy is the manner in which a given entity (often governmental) has decided to address issues of energy development including energy conversion, distribution and use as well as reduction of greenhouse gas emissions in order to contribute to climate change mitigation. The attributes of energy policy may include legislation, international treaties, incentives to investment, guidelines for energy conservation, taxation and other public policy techniques. Energy policy is closely related to climate change policy because totalled worldwide the energy sector emits more greenhouse gas than other sectors.