School of Business Administration, Chongqing Technology and Business University, Chongqing, China.
Department of Science and Humanities, National Institute of Technology Puducherry, Karaikal, Thivettakudy, Pondicherry, India.
J Environ Manage. 2021 Nov 15;298:113448. doi: 10.1016/j.jenvman.2021.113448. Epub 2021 Aug 4.
Globally, all countries have producing different levels of carbon emissions and also facing both the problems of climate change and global warming due high carbon emissions in the atmosphere. Therefore, it is important to cutting carbon emissions in the atmosphere. This is only possible by switching to cleaner fuels, use of innovation technologies and development of carbon capture storages. These can substantially help the nations to reaching carbon neutrality. Given this background, this paper examines the effect of disaggregated energy consumption, technological innovations, capital on economic output and CO emissions in India for the period of 1990-2018. Based on empirical analysis, our long-run elasticities indicate that disaggregated energy consumption and technological innovations have a positive impact on economic growth, while renewable energy consumption and technological innovations have a positive impact on CO emissions. It implies that more use of energy consumption producing significant amount of CO emissions and by using renewable energy consumption and technological innovations (i.e. carbon capture storages) can significantly lowering CO emissions, which is clearly indicating that India has moving towards carbon neutrality. The causality analysis further indicates a unidirectional causal relationship running from disaggregated energy usage to economic growth and carbon emissions. These empirical findings suggest that the increased consumption of renewable power does not lead to rise carbon emissions, which, in turn, ensures sustainable economic growth.
在全球范围内，所有国家的碳排放量都存在差异，并且由于大气中高碳排放量也面临着气候变化和全球变暖的问题。因此，减少大气中的碳排放量至关重要。这只有通过转向更清洁的燃料、利用创新技术和开发碳捕获储存才能实现。这些可以帮助各国实现碳中和。有鉴于此，本文考察了 1990-2018 年印度能源消费、技术创新、资本对经济产出和 CO 排放的影响。基于实证分析，我们的长期弹性表明，能源消费和技术创新的细分对经济增长有积极影响，而可再生能源消费和技术创新对 CO 排放有积极影响。这意味着更多地使用能源消费会产生大量的 CO 排放，而使用可再生能源消费和技术创新（即碳捕获储存）可以显著降低 CO 排放，这清楚地表明印度正在朝着碳中和的方向发展。因果关系分析进一步表明，从能源使用的细分到经济增长和碳排放的因果关系是单向的。这些实证结果表明，可再生能源的消耗增加不会导致碳排放增加，从而确保了可持续的经济增长。
