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Climate Change Mitigation Strategies: Evaluating the Effectiveness of Renewable Energy Policies in Urban Environments

Author

Listed:
  • Abubakar Shafiq

    (Faculty Member, Pakistan Audit & Accounts Academy, Lahore, Pakistan)

  • Mohammed Duhis

    (MS Scholar, Faculty of Mechanical Engineering, University of Engineering and Technology, Lahore, Pakistan)

  • Aneela Kousar

    (Islamia University of Bahawalpur, Pakistan)

  • Mugeesa Rubab

    (Institute of southern Punjab, Pakistan)

Abstract

This study evaluates the effectiveness of renewable energy policies in reducing urban carbon emissions, with a focus on key policies such as subsidies, tax incentives, renewable portfolio standards (RPS), feed-in tariffs (FiTs), and carbon pricing. Using secondary data from global energy databases, the study applies a quantitative approach, including correlation analysis and regression modeling, to assess emissions across multiple urban centers. The results reveal strong correlations between higher energy prices and lower emissions, as well as between industrial output and higher emissions. Policies such as subsidies, tax incentives, RPS, and carbon pricing were significantly correlated with emissions reductions, while FiTs showed limited impact. Urban population growth did not exhibit a significant correlation with emissions reductions, underscoring the need for more comprehensive approaches that include industrial decarbonization and energy efficiency standards. The study highlights the importance of integrated policy frameworks to decouple economic growth from carbon emissions and recommends future research on sector-specific impacts, long-term policy effectiveness, and public engagement strategies.

Suggested Citation

  • Abubakar Shafiq & Mohammed Duhis & Aneela Kousar & Mugeesa Rubab, 2024. "Climate Change Mitigation Strategies: Evaluating the Effectiveness of Renewable Energy Policies in Urban Environments," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(3), pages 345-353.
    • Handle: RePEc:rfh:bbejor:v:13:y:2024:i:3:p:345-353
    DOI: https://doi.org/10.61506/
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    References listed on IDEAS

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