Sustainable synergy via clean energy technologies and efficiency dynamics

The sustainability paradigm has gained global attention, and the same has been expected from the economies having increasing levels of environmental footprints over the past couple of decades. This research aims to investigate the nexus between clean energy technologies and climate change mitigation...

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Main Authors: Yu Z., Kamran H.W., Amin A., Ahmed B., Peng S.
Other Authors: 58040949100
Format: Article
Published: Elsevier Ltd 2024
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spelling my.uniten.dspace-339532024-10-14T11:17:30Z Sustainable synergy via clean energy technologies and efficiency dynamics Yu Z. Kamran H.W. Amin A. Ahmed B. Peng S. 58040949100 57201870704 57217247080 57220201686 55553916400 Clean energy technologies Climate change Ecological footprints Energy efficiency MMQR Sustainable policies Climate change Economics Environmental regulations Method of moments Sustainable development Clean energy technology Climate change mitigation Ecological footprint Energy efficiency policies Environmental footprints Industrialisation Industrialization policy Moment quantile regression Quantile regression Sustainable policies Energy efficiency The sustainability paradigm has gained global attention, and the same has been expected from the economies having increasing levels of environmental footprints over the past couple of decades. This research aims to investigate the nexus between clean energy technologies and climate change mitigation among the top ecologically pollutant (TEP) economies during 1996�2020. The research incorporated other drivers of climate change, including energy efficiency, industrialization, and sustainable policies through environmental regulations. The methodological context covers the necessary preliminary tests and the Method of Moment Quantile Regression (MMQR). The preliminary results indicate that TEP economies are interdependent with the heterogenous slope coefficients, stationarity data trends, and cointegrated relationships. The findings from the MMQR unveiled that clean energy technologies tend to mitigate climate change from 0.10th to 0.70th quantiles. Relatedly, energy efficiency reduces the environmental burden across all the quantiles except for the 0.10th one. Conversely, industrialization and economic growth cause an upward shift in climate change among TEP economies across all the quantiles, suggesting a need to shift production-based economies to more service-intensive ones. However, the study found no significant evidence for the nexus between sustainable environmental policies and climate change. The robustness checks also validate the MMQR estimations however, their parameters' magnitude substantially varied. These outcomes encourage policymakers to implement holistic strategies supporting energy innovation, technologies, and efficiency improvements while controlling the adverse effects of industrialization and traditional growth models. � 2023 Elsevier Ltd Final 2024-10-14T03:17:30Z 2024-10-14T03:17:30Z 2023 Article 10.1016/j.rser.2023.113744 2-s2.0-85171353355 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85171353355&doi=10.1016%2fj.rser.2023.113744&partnerID=40&md5=5341bb3201e4c71023134fa5eb29b0eb https://irepository.uniten.edu.my/handle/123456789/33953 187 113744 Elsevier Ltd Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
topic Clean energy technologies
Climate change
Ecological footprints
Energy efficiency
MMQR
Sustainable policies
Climate change
Economics
Environmental regulations
Method of moments
Sustainable development
Clean energy technology
Climate change mitigation
Ecological footprint
Energy efficiency policies
Environmental footprints
Industrialisation
Industrialization policy
Moment quantile regression
Quantile regression
Sustainable policies
Energy efficiency
spellingShingle Clean energy technologies
Climate change
Ecological footprints
Energy efficiency
MMQR
Sustainable policies
Climate change
Economics
Environmental regulations
Method of moments
Sustainable development
Clean energy technology
Climate change mitigation
Ecological footprint
Energy efficiency policies
Environmental footprints
Industrialisation
Industrialization policy
Moment quantile regression
Quantile regression
Sustainable policies
Energy efficiency
Yu Z.
Kamran H.W.
Amin A.
Ahmed B.
Peng S.
Sustainable synergy via clean energy technologies and efficiency dynamics
description The sustainability paradigm has gained global attention, and the same has been expected from the economies having increasing levels of environmental footprints over the past couple of decades. This research aims to investigate the nexus between clean energy technologies and climate change mitigation among the top ecologically pollutant (TEP) economies during 1996�2020. The research incorporated other drivers of climate change, including energy efficiency, industrialization, and sustainable policies through environmental regulations. The methodological context covers the necessary preliminary tests and the Method of Moment Quantile Regression (MMQR). The preliminary results indicate that TEP economies are interdependent with the heterogenous slope coefficients, stationarity data trends, and cointegrated relationships. The findings from the MMQR unveiled that clean energy technologies tend to mitigate climate change from 0.10th to 0.70th quantiles. Relatedly, energy efficiency reduces the environmental burden across all the quantiles except for the 0.10th one. Conversely, industrialization and economic growth cause an upward shift in climate change among TEP economies across all the quantiles, suggesting a need to shift production-based economies to more service-intensive ones. However, the study found no significant evidence for the nexus between sustainable environmental policies and climate change. The robustness checks also validate the MMQR estimations
author2 58040949100
author_facet 58040949100
Yu Z.
Kamran H.W.
Amin A.
Ahmed B.
Peng S.
format Article
author Yu Z.
Kamran H.W.
Amin A.
Ahmed B.
Peng S.
author_sort Yu Z.
title Sustainable synergy via clean energy technologies and efficiency dynamics
title_short Sustainable synergy via clean energy technologies and efficiency dynamics
title_full Sustainable synergy via clean energy technologies and efficiency dynamics
title_fullStr Sustainable synergy via clean energy technologies and efficiency dynamics
title_full_unstemmed Sustainable synergy via clean energy technologies and efficiency dynamics
title_sort sustainable synergy via clean energy technologies and efficiency dynamics
publisher Elsevier Ltd
publishDate 2024
_version_ 1814061096337670144
score 13.214268