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
Hauptverfasser: Chui, Liying, Chang, Tsangyao, Chien, Shu-Hua, Ho, Bruce C. T., Hsu, Kaimin
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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.
ISSN:1614-7499
0944-1344
1614-7499
DOI:10.1007/s11356-024-32410-1