Comprehensive Outlook on Macroeconomic Determinants for Renewable Energy in Malaysia

• Main Authors: Mohamed Yusoff N.Y., Ridzuan A.R., Soseco T., Wahjoedi, Narmaditya B.S., Ann L.C.
• Other Authors: 55812094300
• Format: Article
• Published: MDPI 2024
• Subjects: ARDL; lower carbon; macroeconomic; Malaysia; renewable energy; alternative energy; economic development; global warming; implementation process; macroeconomics; time series; urbanization

Mitigating global warming has been a challenge, and policymakers are responding to this issue by strengthening the commitment to enhance the renewable energy target from 20 to 31 percent in 2025 for Malaysia. However, adopting renewable energy in stages based solely on microeconomic factors, such as...