IDEAS home Printed from https://ideas.repec.org/a/sae/engenv/v35y2024i5p2566-2585.html
   My bibliography  Save this article

The asymmetric and long-run effect of energy productivity on environmental degradation in the United Kingdom

Author

Listed:
  • Dervis Kirikkaleli
  • James K Sowah Jr.
  • Kwaku Addai

Abstract

Energy efficiency offers a vast, low-cost energy resource for the economy, but only if the nation can craft a comprehensive and innovative approach to unlock it. One of the most viable options is to invest in energy productivity. This study examines the asymmetric and long-run effects of energy productivity on environmental degradation while controlling for renewable energy, economic growth, and financial development, utilizing the nonlinear autoregressive distributive lag model and other robust econometric techniques in the United Kingdom during the period 1990Q1–2020Q4. The United Kingdom is one of the world's wealthiest countries; its environment is being severely strained and is challenged in boasting massive investments to reduce CO 2 emissions to 78% by 2035. Given the important scenarios for energy efficiency, this study outcome indicates that (a) energy productivity has been beneficial for reducing carbon emissions; (b) renewable energy sources significantly mitigate carbon emissions in the United Kingdom, and (c) economic growth and financial development cause to increase carbon emissions in the United Kingdom. Given the findings, some policy recommendations abound. The negative statistically significant coefficient of renewable energy is an indication that the expansion of renewable energy is essential to achieving clean and sustainable growth. Furthermore, policymakers should enact new environmental laws that prioritize R&D and embrace cleaner technologies.

Suggested Citation

  • Dervis Kirikkaleli & James K Sowah Jr. & Kwaku Addai, 2024. "The asymmetric and long-run effect of energy productivity on environmental degradation in the United Kingdom," Energy & Environment, , vol. 35(5), pages 2566-2585, August.
    • Handle: RePEc:sae:engenv:v:35:y:2024:i:5:p:2566-2585
    DOI: 10.1177/0958305X231152485
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0958305X231152485
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0958305X231152485?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:engenv:v:35:y:2024:i:5:p:2566-2585. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.