Determinants of carbon dioxide emissions in Technology Revolution 5.0: New insights from Singapore

Technology Revolution 5.0, characterized by the integration of cutting-edge technologies (CET) like artificial intelligence (AI), internet of things (IoT), and blockchain into various facets of life, has brought remarkable advancements and conveniences. However, this era has also raised significant concerns regarding its environmental impact. The paper applies the ARDL (autoregressive distributed lag approach). The manuscript applied the World Bank data from 2000 to 2022. This paper aims to delve into the determinants contributing to carbon dioxide emissions in the context of industrial revolution 5.0, focusing on Singapore as a case study. The article combines a review of the existing literature, an analysis of the Singaporean environmental landscape, and empirical findings to shed light on this critical issue. The empirical study shows that electricity consumption and foreign direct investment significantly negatively affect environmental pollution in Singapore; fossil fuel and import positively influence ecological pollution. This article helps policymakers have policy implications for Singaporeans in the future.