A quantile analysis of energy efficiency, green investment, and energy innovation in most industrialized nations

Authors: Musibau, H.O., Adedoyin, F.F. and Shittu, W.O.

Journal: Environmental Science and Pollution Research

Volume: 28

Issue: 15

Pages: 19473-19484

eISSN: 1614-7499

ISSN: 0944-1344

DOI: 10.1007/s11356-020-12002-5

Abstract:

The continuous use of fossil fuels to meet the energy demands of the industrialized nations has led to environmental degradation. As such, there has been a call for research, exploration, and the usage of alternative energy which is believed to improve the depleting quality of the environment. This study investigates the relationship between energy efficiency, green energy investment, and energy innovation in a panel of nine highly industrialized countries, namely Canada, Japan, France, Spain, Germany, Switzerland, Italy, the USA, and the UK. Relying on the environmental Kuznets’ hypothesis (EKC), we employ the quantile-on-quantile regression approach to the data obtained between 1980 and 2018. The empirical estimates validate the EKC hypothesis in most of these industrialized nations considered. The findings also reveal that the continuous use of non-renewable energy consumption escalates emissions, while the use of renewable energy reduces the level of emissions β€œin” the environment. Therefore, energy efficiency leads to an increase in emissions in the first 3 quantiles and reduces emissions in the remaining quantiles. Also, energy innovation leads to a high amount of emissions. Finally, the study calls for increased investments in renewable energy as well as energy efficiency to ensure continuous improvement in the quality of the environment.

http://eprints.bournemouth.ac.uk/34990/

Source: Scopus

A quantile analysis of energy efficiency, green investment, and energy innovation in most industrialized nations.

Authors: Musibau, H.O., Adedoyin, F.F. and Shittu, W.O.

Journal: Environ Sci Pollut Res Int

Volume: 28

Issue: 15

Pages: 19473-19484

eISSN: 1614-7499

DOI: 10.1007/s11356-020-12002-5

Abstract:

The continuous use of fossil fuels to meet the energy demands of the industrialized nations has led to environmental degradation. As such, there has been a call for research, exploration, and the usage of alternative energy which is believed to improve the depleting quality of the environment. This study investigates the relationship between energy efficiency, green energy investment, and energy innovation in a panel of nine highly industrialized countries, namely Canada, Japan, France, Spain, Germany, Switzerland, Italy, the USA, and the UK. Relying on the environmental Kuznets' hypothesis (EKC), we employ the quantile-on-quantile regression approach to the data obtained between 1980 and 2018. The empirical estimates validate the EKC hypothesis in most of these industrialized nations considered. The findings also reveal that the continuous use of non-renewable energy consumption escalates emissions, while the use of renewable energy reduces the level of emissions "in" the environment. Therefore, energy efficiency leads to an increase in emissions in the first 3 quantiles and reduces emissions in the remaining quantiles. Also, energy innovation leads to a high amount of emissions. Finally, the study calls for increased investments in renewable energy as well as energy efficiency to ensure continuous improvement in the quality of the environment.

http://eprints.bournemouth.ac.uk/34990/

Source: PubMed

A quantile analysis of energy efficiency, green investment, and energy innovation in most industrialized nations

Authors: Musibau, H.O., Adedoyin, F.F. and Shittu, W.O.

Journal: ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH

Volume: 28

Issue: 15

Pages: 19473-19484

eISSN: 1614-7499

ISSN: 0944-1344

DOI: 10.1007/s11356-020-12002-5

http://eprints.bournemouth.ac.uk/34990/

Source: Web of Science (Lite)

A quantile analysis of energy efficiency, green investment, and energy innovation in most industrialized nations

Authors: Musibau, H.O., Adedoyin, F.F. and Shittu, W.O.

Journal: Environmental Science and Pollution Research

Volume: 28

Pages: 19473-19484

DOI: 10.1007/s11356-020-12002-5

http://eprints.bournemouth.ac.uk/34990/

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85098770815&doi=10.1007%2fs11356-020-12002-5&partnerID=40&md5=fa9bb123f4ce7649b37a37aa8d110112

Source: Manual

A quantile analysis of energy efficiency, green investment, and energy innovation in most industrialized nations.

Authors: Musibau, H.O., Adedoyin, F.F. and Shittu, W.O.

Journal: Environmental science and pollution research international

Volume: 28

Issue: 15

Pages: 19473-19484

eISSN: 1614-7499

ISSN: 0944-1344

DOI: 10.1007/s11356-020-12002-5

Abstract:

The continuous use of fossil fuels to meet the energy demands of the industrialized nations has led to environmental degradation. As such, there has been a call for research, exploration, and the usage of alternative energy which is believed to improve the depleting quality of the environment. This study investigates the relationship between energy efficiency, green energy investment, and energy innovation in a panel of nine highly industrialized countries, namely Canada, Japan, France, Spain, Germany, Switzerland, Italy, the USA, and the UK. Relying on the environmental Kuznets' hypothesis (EKC), we employ the quantile-on-quantile regression approach to the data obtained between 1980 and 2018. The empirical estimates validate the EKC hypothesis in most of these industrialized nations considered. The findings also reveal that the continuous use of non-renewable energy consumption escalates emissions, while the use of renewable energy reduces the level of emissions "in" the environment. Therefore, energy efficiency leads to an increase in emissions in the first 3 quantiles and reduces emissions in the remaining quantiles. Also, energy innovation leads to a high amount of emissions. Finally, the study calls for increased investments in renewable energy as well as energy efficiency to ensure continuous improvement in the quality of the environment.

http://eprints.bournemouth.ac.uk/34990/

Source: Europe PubMed Central

A Quantile Analysis of Energy efficiency, green energy investment, and energy innovation in most industrialized Nations

Authors: Musibau, H.O., Adedoyin, F.F. and Shittu, W.

Journal: Environmental Science and Pollution Research

Volume: 28

Pages: 19473-19484

ISSN: 0944-1344

Abstract:

The continuous use of fossil fuels to meet the energy demands of the industrialized nations has led to environmental degradation. As such, there has been a call for research, exploration, and the usage of alternative energy which is believed to improve the depleting quality of the environment. This study investigates the relationship between energy efficiency, green energy investment, and energy innovation in a panel of nine highly industrialized countries such as Canada, Japan, France, Spain, Germany, Switzerland, Italy, the United States of America, and the United Kingdom. Relying on the environmental Kuznets' hypothesis (EKC), we employ the quantile-on-quantile regression approach to the data obtained between 1980 and 2018. The empirical estimates validate the EKC hypothesis in most of the industrialized nations considered. The findings also reveal that the continuous use of non-renewable energy consumption aggravates emissions, while the use of renewable energy reduces the level of emissions in the environment. Therefore, energy efficiency leads to an increase in emissions in the first 3 quantiles and reduces emissions in the remaining quantiles. Also, energy innovation leads to a high amount of emissions. Finally, the study calls for increased investments in renewable energy as well as energy efficiency to ensure continuous improvement in the quality of the environment.

http://eprints.bournemouth.ac.uk/34990/

Source: BURO EPrints