Research Database

Implementing or increasing environmental taxes and the improved availability of renewable energy are commonly assumed to be effective enabling interventions in transitioning to a low carbon economy and achieving net-zero emissions. The assumption ignores the possibility for interactions between environmental taxes, the ease of accessing renewable energy sources, and CE. The current study examined interactive […]

The article examines the impact of green trade, green energy technologies, and green finance on reducing greenhouse gas emissions in ASEAN nations, finding that these practices, including energy production from solar and hydropower, along with renewable energy certificates (RECs), significantly contribute to emissions reduction.

The paper investigates how trade openness and green bond issuance influence renewable energy consumption in Southeast Asia, revealing that green bonds effectively promote renewable energy deployment and increased trade openness drives consumption by facilitating technology transfer and interactions with sustainability leaders, proposing policy recommendations like standardizing green bonds, fostering green scientific networks, and promoting digital green initiatives.

This study investigates the impact of renewable energy consumption and health expenditures on enhancing the load capacity factor, a comprehensive environmental quality indicator, in ASEAN Countries between 1980 and 2018, using advanced panel techniques to address econometric challenges and finds that increased renewable energy consumption and health expenditures positively influence the load capacity factor, while economic growth has a negative effect, suggesting the need for government investment in renewable energy and healthcare for improved environmental quality.

This study gains that wider trade openness, environmental degradation, and urbanization have considerably decreased the use of renewable energy.

This study discuss on the impact of carbon emissions, deforestation, renewable energy consumption, natural resources, and regional integration of ASEAN toward agricultural productivity.

Even though the existing studies have extensively investigated the impacts of renewable energy and real income on carbon emissions, the literature overlooks the role of their interaction effect in the level of emissions. In addition, the studies have usually chosen high-income and middle-income countries as focused group. To fill these gaps in the existing body of energy-environment literature, this study investigates the impacts of real income, renewable energy consumption and their interaction effect on carbon emissions in low-income countries by employing empirical estimations that control different econometric and economic issues such as heterogeneity and cross-sectional dependence. The results reveal that renewable energy mitigates emissions; however, the interaction effect stays positive. The marginal effect of renewable energy on emissions varies with the levels of real income. Policymakers in these economies should implement policies and regulations to promote the adoption and use of renewable energy to mitigate carbon emissions. Besides, this study emphasizes that the levels of renewable energy and real income are not the only panacea to abating pollution, but the interaction effect should be considered in ensuring environmental sustainability.

A vast body of studies estimates the impact of energy consumption on the environment. A typical empirical study either use aggregate energy consumption or apply conventional econometric techniques in modelling the nexus of energy, income and environment. To correct these gaps, the objective of the study is to use renewable and non-renewable energy consumption in analyzing energy-income-environment nexus, and to apply the novel Method of Moments Quantile Regression for ASEAN countries. The outcomes indicate that non-renewable energy consumption stimulate carbon emissions across all quantiles (10th to 90th), the value of the 10th quantile is 0.257 which rises to 0.501 till 90th quantile. Whereas, the renewable energy consumption leads to a decrease in CO2 emissions across all the quantiles (10th to 90th) but this association is statistically insignificant at higher quantiles from 60th to 90th. The empirical outcomes also verify the presence of the environmental Kuznets curve relationship, which is statistically significant from the middle (30th) to higher (90th) quantiles. Moreover, the finding of panel estimation approaches (FMOLS, DOLS, FE-OLS) also verify the existence of the EKC hypothesis in ASEAN countries. Their finding also describes that 1% increase in non-renewable energy consumption increase CO2 emission by 0.29%, 0.26% and 0.30% whereas 1% increase in the usage of renewable energy reduces CO2 emission by 0.17%, 0.15% and 0.17% in case of FMOLS, DOLS and FE-OLS respectively. The empirical results conclude that the government should encourage and subsidize the sources of green energy to tackle environmental degradation. More policy implications are further discussed in the study.