Original scientific paper
https://doi.org/10.1080/1331677X.2023.2175705
Visualising energy technologies and environment nexus: re-examining the importance of technologies for emerging economies
Yutong Zou
Ziwei Zhang
Salma Bibi
Ahmad Mohammed Alamri
Mohammed Moosa Ageli
Abstract
Decarbonising the energy industry is an essential aim due to recent
environmental disasters and the continued impacts of global warming.
Energy technology (E.T.), research and development, and technical
innovation are critical to successfully transitioning from fossil
fuels to renewables. The current study investigates the role of E.T.,
renewable electricity output (R.E.T.), R&D expenditures (R.A.D.),
technological innovation (T.E.I.) and gross domestic product (G.D.P.)
in mitigating territorial-based carbon emissions (CO2) for the five
leading emerging economies from 1991 to 2021. The movement
quantile regression (M.M.Q.R.) approach demonstrates that E.T.,
R.A.D., R.E.T. and T.E.I. cut CO2 emissions, whereas G.D.P. increases
emissions in targeted nations. E.T. is the fundamental driving force
behind decarburisation and the move to greener energy generation
and use. The findings are significant because the economies considered
are anticipated to benefit from an energy transition to renewables
enabled by energy efficiency and environmental technology
breakthroughs. In the last section, the study provides relevant policy
implications to enrich the literature on the importance of technology
and its role in achieving carbon neutrality targets of emerging
economies.
Keywords
energy technology (E.T.); territorial based CO2 emission; R&D expenditures (R.A.D.); technological innovation (T.E.I.); movement quantile regression (M.M.Q.R.)
Hrčak ID:
306845
URI
Publication date:
30.4.2023.
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