Irfan Ullah, Andrea Gatto, Magdalena Radulescu, Buhari Doğan, Abdelmohsen A. Nassani, Kamel Si Mohammed
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Analysing Oil Prices Fluctuations, Carbon Emissions and Renewable Energy Trends in Uncovering the Eco-Economic Interplay in China's Trade Liberalization
This study evaluates the factors contributing to carbon emissions in China between 2002 and 2021, considering the impact of GDP growth, shocks in oil prices, trade liberalization and energy use. Using the dynamic simulated ARDL (SARDL) model, we indicate a long-term link between trade liberalization, oil prices (WTI) shocks, GDP growth, energy use and CO2. The novel SARDL revealed a direct relationship between trade liberalization and CO2 in China in the long term. However, the results show a negative impact of WTI shocks on CO2 emissions. The study suggests that renewable energy (RE) significantly and negatively affects China's CO2 emissions. In addition, the findings conclude that, in the case of China, GDP has an insignificant long-run relationship with CO2 emissions. The outcomes provide valuable insights for policymakers, researchers and industry stakeholders to enhance RE and promote sustainable energy practices.
期刊介绍:
In recent years there has been a growth of specialist journals within geological sciences. Nevertheless, there is an important role for a journal of an interdisciplinary kind. Traditionally, GEOLOGICAL JOURNAL has been such a journal and continues in its aim of promoting interest in all branches of the Geological Sciences, through publication of original research papers and review articles. The journal publishes Special Issues with a common theme or regional coverage e.g. Chinese Dinosaurs; Tectonics of the Eastern Mediterranean, Triassic basins of the Central and North Atlantic Borderlands). These are extensively cited.
The Journal has a particular interest in publishing papers on regional case studies from any global locality which have conclusions of general interest. Such papers may emphasize aspects across the full spectrum of geological sciences.