Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies

Even though numerous researchers have analyzed the factors of carbon emissions, technological innovation�s linear and non-linear effects on carbon emissions have not been thoroughly examined in the energy�environment literature with the Environmental Kuznets Curve framework for European economies. F...

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Main Authors: Umar Farooq M., Amin A., Peng S., I??k C., Aqdas R., Akbar M., Sabahat G., Ongan S.
Other Authors: 58843099900
Format: Article
Published: MDPI 2024
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spelling my.uniten.dspace-342222024-10-14T11:18:30Z Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies Umar Farooq M. Amin A. Peng S. I??k C. Aqdas R. Akbar M. Sabahat G. Ongan S. 58843099900 57217247080 55553916400 35317648700 57219217409 57208232339 58249064500 11440427500 economic growth Environmental Kuznets Curve European economies non-renewable energy and renewable technology innovation alternative energy economic growth energy use greenhouse gas Kuznets curve policy making research and development technological development urbanization Even though numerous researchers have analyzed the factors of carbon emissions, technological innovation�s linear and non-linear effects on carbon emissions have not been thoroughly examined in the energy�environment literature with the Environmental Kuznets Curve framework for European economies. For this purpose, this study has employed linear and non-linear autoregressive distributed lagged models, the novel bounds testing methodologies of dynamic simulations. Renewable energy and resident and non-resident patents are the indicators of technological innovations. The findings of this study demonstrate a significant negative association of renewable energy use and technological innovation with carbon emissions, while economic growth, non-renewable energy, and urbanization have depicted a positive relationship. These findings confirm the validity of the Environmental Kuznets hypothesis for the sampled countries. It is suggested that research and development facilities are required to mitigate environmental pollution by using innovation and discouraging more use of coal in electricity generation. This study also provides policymakers with particular statistics on sector-based renewable energy initiatives, highlighting the greenhouse gas impacts in European countries. � 2023 by the authors. Final 2024-10-14T03:18:30Z 2024-10-14T03:18:30Z 2023 Article 10.3390/su15097618 2-s2.0-85159315560 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85159315560&doi=10.3390%2fsu15097618&partnerID=40&md5=9c751c3770c85db384e256947b92bb22 https://irepository.uniten.edu.my/handle/123456789/34222 15 9 7618 All Open Access Gold Open Access MDPI Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
topic economic growth
Environmental Kuznets Curve
European economies
non-renewable energy and renewable
technology innovation
alternative energy
economic growth
energy use
greenhouse gas
Kuznets curve
policy making
research and development
technological development
urbanization
spellingShingle economic growth
Environmental Kuznets Curve
European economies
non-renewable energy and renewable
technology innovation
alternative energy
economic growth
energy use
greenhouse gas
Kuznets curve
policy making
research and development
technological development
urbanization
Umar Farooq M.
Amin A.
Peng S.
I??k C.
Aqdas R.
Akbar M.
Sabahat G.
Ongan S.
Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies
description Even though numerous researchers have analyzed the factors of carbon emissions, technological innovation�s linear and non-linear effects on carbon emissions have not been thoroughly examined in the energy�environment literature with the Environmental Kuznets Curve framework for European economies. For this purpose, this study has employed linear and non-linear autoregressive distributed lagged models, the novel bounds testing methodologies of dynamic simulations. Renewable energy and resident and non-resident patents are the indicators of technological innovations. The findings of this study demonstrate a significant negative association of renewable energy use and technological innovation with carbon emissions, while economic growth, non-renewable energy, and urbanization have depicted a positive relationship. These findings confirm the validity of the Environmental Kuznets hypothesis for the sampled countries. It is suggested that research and development facilities are required to mitigate environmental pollution by using innovation and discouraging more use of coal in electricity generation. This study also provides policymakers with particular statistics on sector-based renewable energy initiatives, highlighting the greenhouse gas impacts in European countries. � 2023 by the authors.
author2 58843099900
author_facet 58843099900
Umar Farooq M.
Amin A.
Peng S.
I??k C.
Aqdas R.
Akbar M.
Sabahat G.
Ongan S.
format Article
author Umar Farooq M.
Amin A.
Peng S.
I??k C.
Aqdas R.
Akbar M.
Sabahat G.
Ongan S.
author_sort Umar Farooq M.
title Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies
title_short Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies
title_full Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies
title_fullStr Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies
title_full_unstemmed Role of Innovations to Mitigate CO2e: Theory and Evidence for European Economies
title_sort role of innovations to mitigate co2e: theory and evidence for european economies
publisher MDPI
publishDate 2024
_version_ 1814061171972505600
score 13.211869