Shah Fahad, Aftab Khan, Muhammad Waqas, Muhammad Luqman
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Scrutinizing the nexus: Energy, economic growth, and environmental quality: An approach toward achieving the Sustainable Development Goals (7, 13, and 8)
This study investigates the intricate relationship between energy consumption, economic growth, and environmental quality in Pakistan from 1990 to 2022, highlighting the critical role of natural resources rent (NRR) and renewable energy consumption (REC) in shaping carbon dioxide emissions. The study aims to understand how these variables interact and influence each other, particularly focusing on the impact of NRR and REC on CO2 emissions within the context of Pakistan's economic growth and energy consumption patterns. Given the country's rapid economic growth and increasing energy demands, there is an imperative need to investigate how these factors influence environmental quality, particularly CO2 emissions employing the autoregressive distributed lag approach with structural breaks, we analyze the long‐term interactions and causality among NRR, REC, energy use (EU), gross domestic product (GDP), and CO2 emissions. Our findings demonstrate that while NRR and REC negatively correlate with CO2 emissions, a positive association exists between EU, GDP growth, and emissions. These results underscore the potential of strategic environmental policies, aligned with Sustainable Development Goals 7, 13, and 8, to foster sustainable development pathways in Pakistan. By comparing this study's approach with existing methodologies, we highlight our study's unique contribution to the literature, offering policymakers a robust foundation to formulate effective strategies for balancing economic growth with environmental sustainability.
期刊介绍:
ACS Catalysis is an esteemed journal that publishes original research in the fields of heterogeneous catalysis, molecular catalysis, and biocatalysis. It offers broad coverage across diverse areas such as life sciences, organometallics and synthesis, photochemistry and electrochemistry, drug discovery and synthesis, materials science, environmental protection, polymer discovery and synthesis, and energy and fuels.
The scope of the journal is to showcase innovative work in various aspects of catalysis. This includes new reactions and novel synthetic approaches utilizing known catalysts, the discovery or modification of new catalysts, elucidation of catalytic mechanisms through cutting-edge investigations, practical enhancements of existing processes, as well as conceptual advances in the field. Contributions to ACS Catalysis can encompass both experimental and theoretical research focused on catalytic molecules, macromolecules, and materials that exhibit catalytic turnover.