Renewable energy consumption and CO2 emissions nexus in the USA: the role of technical innovation
Using the QARDL approach and data from January of 2010 to May of 2022, we explore how renewable energy consumption affects CO 2 emissions in the USA. Long-term analysis reveals a negative link between these variables, while only lower quantile levels show short-term statistical significance. Integra...
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Veröffentlicht in: | Environmental science and pollution research international 2024-03, Vol.31 (13), p.19458-19477 |
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Hauptverfasser: | , , , , |
Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | Using the QARDL approach and data from January of 2010 to May of 2022, we explore how renewable energy consumption affects CO
2
emissions in the USA. Long-term analysis reveals a negative link between these variables, while only lower quantile levels show short-term statistical significance. Integrating technical innovation (measured by patents) in our QARDL model shows substantial reduction in CO
2
emissions, with varying effects over time. Interestingly, only renewable energy consumption, not technical innovation, significantly impacts CO
2
emissions at lower quantile levels. These findings emphasize the crucial role of renewable energy in reducing both short-term and long-term CO
2
emissions and offer policymakers valuable insights for shaping effective energy strategies to combat emissions and promote sustainability in the USA. |
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ISSN: | 1614-7499 0944-1344 1614-7499 |
DOI: | 10.1007/s11356-024-32410-1 |