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DOI10.1016/j.renene.2021.12.006
Clean energy consumption, economic growth, and environmental sustainability: What is the role of economic policy uncertainty?
Xue, Chaokai; Shahbaz, Muhammad; Ahmed, Zahoor; Ahmad, Mahmood; Sinha, Avik
发表日期2022
ISSN0960-1481
EISSN1879-0682
起始页码899
结束页码907
卷号184
英文摘要Undoubtedly, energy is indispensable to attain economic development; however, it also generates CO2 emissions, which are the dominant contributor to environmental deterioration and climate change. In this regard, clean energy can help to achieve both sustainable development and environmental sus-tainability since it comprises non-carbohydrate energy sources that do not or seldom generate emissions. Against this backdrop, this work considers economic policy uncertainty (EPU) and probes the impact of clean energy consumption on CO2 emissions in the third largest European economy France from 1987 to 2019 controlling urbanization and economic growth. Using the STIRPAT framework, the study employed the novel Augmented ARDL method that overcomes the limitations of the ARDL methods. The outcomes disclosed strong evidence of cointegration. The long-run analysis revealed that clean energy consump-tion does not contribute to emissions reduction in the long-run. However, EPU poses a threat to envi-ronmental sustainability by augmenting emissions levels. Economic growth boosts CO2 emissions, while urbanization is conducive to environmental quality supporting ecological modernization theory. The study detected causality from EPU to economic growth and emissions. Finally, based on the study out-comes, a policy framework is suggested to address the objectives of Sustainable Development Goal (SDG) 7 and 13.(c) 2021 Elsevier Ltd. All rights reserved.
英文关键词Economic policy uncertainty; Clean energy consumption; Economic growth; Environmental sustainability
语种英语
WOS研究方向Green & Sustainable Science & Technology ; Energy & Fuels
WOS类目Science Citation Index Expanded (SCI-EXPANDED) ; Social Science Citation Index (SSCI)
WOS记录号WOS:000775059100008
来源期刊RENEWABLE ENERGY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/280973
作者单位Shandong University of Technology; Beijing Institute of Technology; Goa Institute of Management
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GB/T 7714
Xue, Chaokai,Shahbaz, Muhammad,Ahmed, Zahoor,et al. Clean energy consumption, economic growth, and environmental sustainability: What is the role of economic policy uncertainty?[J],2022,184.
APA Xue, Chaokai,Shahbaz, Muhammad,Ahmed, Zahoor,Ahmad, Mahmood,&Sinha, Avik.(2022).Clean energy consumption, economic growth, and environmental sustainability: What is the role of economic policy uncertainty?.RENEWABLE ENERGY,184.
MLA Xue, Chaokai,et al."Clean energy consumption, economic growth, and environmental sustainability: What is the role of economic policy uncertainty?".RENEWABLE ENERGY 184(2022).
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