School of Economics and Management, Baoji University of Arts and Sciences Baoji, Baoji, People's Republic of China.
School of Economics and Trade, Guangdong University of Foreign Studies, Guangzhou, People's Republic of China.
Environ Technol. 2022 Jun;43(15):2290-2299. doi: 10.1080/09593330.2021.1874542. Epub 2021 Jan 29.
It is widely discussed that greenhouse gases (GHGs) are the main culprit behind global warming. The conventional energy sources (oil, coal, and gas) mainly realize GHGs in the atmosphere. Due to this, the world's countries are switching towards clean energy sources and investing more in projects related to innovation in the energy sector. Thus, this study investigates the role of energy innovation in combating GHGs emissions by taking the environmental Kuznets curve for BRICS economies. The FMOLS and DOLS estimators are employed throughout 1996-2016. The findings documented that energy innovation plays an important role in mitigating GHGs emissions. Moreover, the result strongly approves the EKC hypothesis for BRICS countries in the significance of energy innovation. Finally, it is recommended that expanding the public budget in energy R&D expenditures can help to reduce GHG emissions and promote sustainable growth in BRICS countries.
人们广泛讨论温室气体(GHGs)是全球变暖的主要罪魁祸首。传统能源(石油、煤炭和天然气)主要在大气中产生 GHGs。因此,世界各国正在转向清洁能源,并在能源部门创新相关项目上投入更多资金。因此,本研究通过金砖国家的环境库兹涅茨曲线探讨了能源创新在减少温室气体排放方面的作用。在 1996 年至 2016 年期间,使用了 FMOLS 和 DOLS 估计量。研究结果表明,能源创新在减少温室气体排放方面发挥着重要作用。此外,这一结果强烈证实了金砖国家能源创新在 EKC 假设中的重要性。最后,建议扩大能源研发支出的公共预算,以帮助减少温室气体排放,促进金砖国家的可持续增长。