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Examining the Impact of Energy Policies on CO2 Emissions with Information and Communication Technologies and Renewable Energy

Author

Listed:
  • Xue Mei

    (Social Training Services Center Shandong Institute of Commerce and Technology, Jinan, Shandong, China)

  • Mihai Daniela

    (National University of Science and Technology Politehnica Bucharest, Pitesti Regional Center, Pitesti, Romania)

  • Brutu Madalina

    (National University of Science and Technology Politehnica Bucharest, Pitesti Regional Center, Pitesti, Romania)

  • Popescu Luigi

    (National University of Science and Technology Politehnica Bucharest, Pitesti Regional Center, Pitesti, Romania)

  • Sinisi Crenguta Ileana

    (National University of Science and Technology Politehnica Bucharest, Pitesti Regional Center, Pitesti, Romania)

  • Bansal Ajay

    (Jaipuria Institute of Management, A-32A, Sector 62, Noida 201309, India)

  • Mohammad Mady A. A.

    (College of Architecture and Design, Effat University, Jeddah 21478, Saudi Arabia)

  • Muhammad Taseer

    (Department of Mathematics, College of Science, King Khalid University, Abha 61413, Saudi Arabia)

  • Shabbir Malik Shahzad

    (Department of Management Sciences, ILMA University, Karachi, Pakistan)

Abstract

The world today presents significant environmental concerns for humans, such as smog and warmer temperatures, but we also need to think about how to accomplish economic growth that is sustainable. Therefore, this exploration researches the asymmetric effect of renewable energy consumption, economic growth and financial development on carbon emanation in the emerging economies. For this reason, this investigation uses Panel ARDL and PMG estimator. The consequences of PMG estimator demonstrate that information and communication technologies reduce the carbon emanations in the sample region. Additionally, renewable energy consumption also impedes the carbon emanations. The results also suggest that financial development additionally builds the carbon emissions but the impact is very minor. Finally, economic growth and population are also contributing toward carbon emissions. The power effective recommendation is vital to present the ICT assistance to confine the utilization of obsolete machinery for power generation.

Suggested Citation

  • Xue Mei & Mihai Daniela & Brutu Madalina & Popescu Luigi & Sinisi Crenguta Ileana & Bansal Ajay & Mohammad Mady A. A. & Muhammad Taseer & Shabbir Malik Shahzad, 2024. "Examining the Impact of Energy Policies on CO2 Emissions with Information and Communication Technologies and Renewable Energy," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 28(3), pages 545-552.
    • Handle: RePEc:bpj:sndecm:v:28:y:2024:i:3:p:545-552:n:1002
    DOI: 10.1515/snde-2022-0065
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    More about this item

    Keywords

    CO2 emission; PMG estimator; panel ARDL; renewable energy; information and communication technologies;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

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