Criticality of geothermal and coal energy consumption toward carbon neutrality: evidence from newly industrialized countries
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Dosyalar
Tarih
2022
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer Science and Business Media Deutschland GmbH
Erişim Hakkı
info:eu-repo/semantics/embargoedAccess
Özet
This study examines the long-term effects of coal and geothermal consumption on carbon emission while controlling for globalization and economic growth toward carbon neutrality in newly industrialized countries, including Brazil, China, India, Mexico, Malaysia, the Philippines, South Africa, Turkey, Indonesia, and Thailand for the period of 1990–2008. We compare the resulting relationships from various estimation techniques, such as fixed-effect ordinary least squares, dynamic ordinary least squares, fully modified ordinary least squares, and method of moment quantile regression. Overall, this study determines that the consumption of coal and geothermal energy is a significant determinant with a causal effect on carbon emission. The rise in coal energy consumption significantly increases carbon emission across all quantiles (0.1–0.90), whereas the rise in geothermal energy consumption reduces it across all quantiles (0.1–0.90). This relationship is also consistent across all quantiles (0.1–0.9). Policy suggestions are proposed on the basis of these findings.
Açıklama
Anahtar Kelimeler
Coal energy; Economic growth; Geothermal energy; Globalization; MMQR; NICs
Kaynak
Environmental Science and Pollution Research
WoS Q Değeri
Q1
Scopus Q Değeri
N/A
Cilt
29
Sayı
49