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Toward a sustainable environment: nexus between consumption-based carbon emissions, economic growth, renewable energy and technological innovation in Brazil.

Adebayo, T.S., Adedoyin, F. and Kirikkaleli, D., 2021. Toward a sustainable environment: nexus between consumption-based carbon emissions, economic growth, renewable energy and technological innovation in Brazil. Environmental Science and Pollution Research, 28, 52272-52282.

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DOI: 10.1007/s11356-021-14425-0

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.

Item Type:Article
ISSN:0944-1344
Uncontrolled Keywords:consumption-based carbon emissions; technological innovation; renewable energy consumption; Brazil
Group:Faculty of Science & Technology
ID Code:35549
Deposited By: Symplectic RT2
Deposited On:25 May 2021 13:35
Last Modified:18 May 2022 01:08

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