Renewable Energy and CO2 Emissions: Empirical Evidence from Major Energy-Consuming Countries

The goal of this study was to contribute to the ongoing debate on the relationship between renewable energy (RE) and CO2 emissions. In particular, we explored the link between RE and CO2 emissions in a sample of major renewable energy-consuming countries...

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Autores principales:	Yongming Huang, Zebo Kuldasheva, Raufhon Salahodjaev
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	renewable energy CO<sub>2</sub> emissions two-step GMM Technology T
Acceso en línea:	https://doaj.org/article/488f1e2734a04c04bda9746d253be26a
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spelling	oai:doaj.org-article:488f1e2734a04c04bda9746d253be26a2021-11-25T17:26:07ZRenewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries10.3390/en142275041996-1073https://doaj.org/article/488f1e2734a04c04bda9746d253be26a2021-11-01T00:00:00Zhttps://www.mdpi.com/1996-1073/14/22/7504https://doaj.org/toc/1996-1073The goal of this study was to contribute to the ongoing debate on the relationship between renewable energy (RE) and CO<sub>2</sub> emissions. In particular, we explored the link between RE and CO<sub>2</sub> emissions in a sample of major renewable energy-consuming countries for the period 2000–2015. Therefore, the major contribution of this study was to answer the question of whether a substantial shift to renewable energy consumption will lead to lower CO<sub>2</sub> emissions. Using the two-step generalized method of moments (GMM) estimator, our empirical results suggested that RE has a significant negative effect on CO<sub>2</sub> emissions. For example, a one percentage point increase in RE leads to a 0.5% decrease in CO<sub>2</sub> emissions.Yongming HuangZebo KuldashevaRaufhon SalahodjaevMDPI AGarticlerenewable energyCO<sub>2</sub> emissionstwo-step GMMTechnologyTENEnergies, Vol 14, Iss 7504, p 7504 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	renewable energy CO<sub>2</sub> emissions two-step GMM Technology T
spellingShingle	renewable energy CO<sub>2</sub> emissions two-step GMM Technology T Yongming Huang Zebo Kuldasheva Raufhon Salahodjaev Renewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries
description	The goal of this study was to contribute to the ongoing debate on the relationship between renewable energy (RE) and CO<sub>2</sub> emissions. In particular, we explored the link between RE and CO<sub>2</sub> emissions in a sample of major renewable energy-consuming countries for the period 2000–2015. Therefore, the major contribution of this study was to answer the question of whether a substantial shift to renewable energy consumption will lead to lower CO<sub>2</sub> emissions. Using the two-step generalized method of moments (GMM) estimator, our empirical results suggested that RE has a significant negative effect on CO<sub>2</sub> emissions. For example, a one percentage point increase in RE leads to a 0.5% decrease in CO<sub>2</sub> emissions.
format	article
author	Yongming Huang Zebo Kuldasheva Raufhon Salahodjaev
author_facet	Yongming Huang Zebo Kuldasheva Raufhon Salahodjaev
author_sort	Yongming Huang
title	Renewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries
title_short	Renewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries
title_full	Renewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries
title_fullStr	Renewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries
title_full_unstemmed	Renewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries
title_sort	renewable energy and co<sub>2</sub> emissions: empirical evidence from major energy-consuming countries
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/488f1e2734a04c04bda9746d253be26a
work_keys_str_mv	AT yongminghuang renewableenergyandcosub2subemissionsempiricalevidencefrommajorenergyconsumingcountries AT zebokuldasheva renewableenergyandcosub2subemissionsempiricalevidencefrommajorenergyconsumingcountries AT raufhonsalahodjaev renewableenergyandcosub2subemissionsempiricalevidencefrommajorenergyconsumingcountries
_version_	1718412347246116864

Renewable Energy and CO<sub>2</sub> Emissions: Empirical Evidence from Major Energy-Consuming Countries

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