Pathway to cleaner environment: How effective are renewable electricity and financial development approaches?
Электронный научный архив УРФУ
Информация об архиве | Просмотр оригинала| Поле | Значение | |
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Pathway to cleaner environment: How effective are renewable electricity and financial development approaches?
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| Автор |
Hu, B.
Alola, A. A. Tauni, M. Z. Adebayo, T. S. Abbas, S. |
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| Тематика |
CO2 EMISSIONS
ENVIRONMENTAL SUSTAINABILITY FINANCIAL DEVELOPMENT RENEWABLE ELECTRICITY CONSUMPTION SUSTAINABLE DEVELOPMENT ALTERNATIVE ENERGY CARBON EMISSION CORRELATION ECONOMIC GROWTH ENERGY USE ENVIRONMENTAL ECONOMICS FINANCE SUSTAINABLE DEVELOPMENT GOAL CANADA |
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| Описание |
While Sustainable Development Goals (SDGs) 13 and 7 are increasingly being explored in climate change research, financialization remains a fundamental part of the discourse on clean and renewable energy development. This study focuses on a policy reconfiguration that may be necessary to further advance clean environment in Canada. More precisely, the research evaluates the co-movement of carbon dioxide (CO2) emissions, financial development, renewable electricity and economic growth. The data, which encompass the quarterly periods from 1984Q1 to 2021Q4, are analysed via the novel wavelet local multiple correlation method. This method is capable of capturing the effect of two or three independent variables on the dependant variable at different frequencies and periods. In this study, the results show that economic growth intensifies ecological deterioration in all periods even as renewable electricity utilisation and financial development restrict ecological deterioration in the medium and long term. Additionally, financial development and renewable electricity consumption promote economic growth in the short, medium and long term. On the basis of these findings, a policy agenda that builds on the SDGs is proposed. Although this policy framework aims to achieve the objectives of SDG 13 and 7 in Canada, it may be extended to other developed countries. © 2023 The Author(s)
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| Дата |
2024-04-05T16:31:33Z
2024-04-05T16:31:33Z 2023 |
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| Тип |
Article
Journal article (info:eu-repo/semantics/article) |info:eu-repo/semantics/publishedVersion |
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| Идентификатор |
Hu, B, Alola, A, Tauni, MZ, Adebayo, T & Abbas, S 2023, 'Pathway to cleaner environment: How effective are renewable electricity and financial development approaches?', Structural Change and Economic Dynamics, Том. 67, стр. 277-292. https://doi.org/10.1016/j.strueco.2023.08.003
Hu, B., Alola, A., Tauni, M. Z., Adebayo, T., & Abbas, S. (2023). Pathway to cleaner environment: How effective are renewable electricity and financial development approaches? Structural Change and Economic Dynamics, 67, 277-292. https://doi.org/10.1016/j.strueco.2023.08.003 0954-349X Final All Open Access, Hybrid Gold, Green https://www.scopus.com/inward/record.uri?eid=2-s2.0-85168535299&doi=10.1016%2fj.strueco.2023.08.003&partnerID=40&md5=f63892063bb369e00c389efe93b4b80d https://doi.org/10.1016/j.strueco.2023.08.003 http://elar.urfu.ru/handle/10995/130727 10.1016/j.strueco.2023.08.003 85168535299 001064870700001 |
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| Язык |
en
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| Права |
Open access (info:eu-repo/semantics/openAccess)
cc-by https://creativecommons.org/licenses/by/4.0/ |
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| Формат |
application/pdf
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| Издатель |
Elsevier B.V.
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| Источник |
Structural Change and Economic Dynamics
Structural Change and Economic Dynamics |
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