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- Title
Toward a sustainable environment: nexus between consumption-based carbon emissions, economic growth, renewable energy and technological innovation in Brazil.
- Authors
Adebayo, Tomiwa Sunday; Adedoyin, Festus Fatai; Kirikkaleli, Dervis
- Abstract
This research investigates the drivers of consumption-based carbon emissions in Brazil by using a dataset covering the period between 1990 and 2018. These dynamics were examined by employing the ARDL bounds, DOLS, and gradual shift causality tests. The ARDL long- and short-run estimation outcomes reveal that: (a) renewable energy use stimulates the sustainability of the environment; (b) economic growth increases environmental degradation; and (c) technological innovation enhances the quality of the environment. In addition, the gradual shift causality test results disclosed that renewable energy consumption, economic growth, technological innovation and public-private partnership investment in energy can predict consumption-based carbon emissions in Brazil. Therefore, Brazilian policymakers should actively encourage the R&D of low-carbon technologies and renewable energy consumption. Domestic consumption levels, on the other hand, should be targeted, specifically those that are more energy-intensive and cause a rise in CO2 emissions due to consumption.
- Subjects
BRAZIL; CARBON emissions; ECONOMIC expansion; ENVIRONMENTAL quality; ENVIRONMENTAL degradation; CONSUMPTION (Economics); TECHNOLOGICAL innovations; TECHNOLOGICAL progress
- Publication
Environmental Science & Pollution Research, 2021, Vol 28, Issue 37, p52272
- ISSN
0944-1344
- Publication type
Article
- DOI
10.1007/s11356-021-14425-0