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Revisiting the Relationship between Energy Price Fluctuations, Forestry, Environmental Governance, and Energy Transition on Carbon Emissions: Evidence from Indonesia

Author

Listed:
  • Sosilawaty Sosilawaty

    (Department of Forestry, Faculty of Agriculture, Palangka Raya University, Indonesia,)

  • Johanna Maria Rotinsulu

    (Department of Forestry, Faculty of Agriculture, Palangka Raya University, Indonesia,)

  • Wahyudi Wahyudi

    (Department of Forestry, Faculty of Agriculture, Palangka Raya University, Indonesia,)

  • Yessiarie Silvanny Sibot

    (Faculty of Law, Palangka Raya University, Indonesia,)

  • Nyahu Rumbang

    (Department of Agricultural Cultivation, Faculty of Agriculture, Palangka Raya University, Indonesia.)

Abstract

This paper summarizes the role of energy price fluctuation, forestry, environmental governance, and energy transition on carbon emissions. Since, industrialization and population growth, both are the factors which according to literature are culprits of environmental pollution or sometimes benefits the environment, hence, the contradictory statement of scholars urges the authors to introduce these two variables as a control variable in proposed framework. To analyze the time series data in the time span of 1986-2019, the study used DARDL approach and from the results it has been revealed that energy price fluctuation, forestry, environmental governance, environmental governance, energy transition and population growth increases environmental protection by reducing harmful emission. Based on the results, an empirical baseline is provided to policy makers to strategize their agenda and promote the usage of renewable resources.

Suggested Citation

  • Sosilawaty Sosilawaty & Johanna Maria Rotinsulu & Wahyudi Wahyudi & Yessiarie Silvanny Sibot & Nyahu Rumbang, 2023. "Revisiting the Relationship between Energy Price Fluctuations, Forestry, Environmental Governance, and Energy Transition on Carbon Emissions: Evidence from Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 650-658, November.
    • Handle: RePEc:eco:journ2:2023-06-68
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    References listed on IDEAS

    as
    1. Danish, & Baloch, Muhammad Awais & Wang, Bo, 2019. "Analyzing the role of governance in CO2 emissions mitigation: The BRICS experience," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 119-125.
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    3. Bai, Xiao & Wang, Kuan-Ting & Tran, Trung Kien & Sadiq, Muhammad & Trung, Lam Minh & Khudoykulov, Khurshid, 2022. "Measuring China’s green economic recovery and energy environment sustainability: Econometric analysis of sustainable development goals," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 768-779.
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    More about this item

    Keywords

    Energy Prices Fluctuation; Environmental Governance; Energy Transition; Forestry; Environmental Governance;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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