School of Economics, Qingdao University, Qingdao, China.
Newcastle Business School, The University of Newcastle, Newcastle, Australia.
J Environ Manage. 2022 Apr 15;308:114648. doi: 10.1016/j.jenvman.2022.114648. Epub 2022 Feb 8.
When taking into account the general terms on which the global green and low-carbon transition takes place, it can be affirmed that the use of clean and renewable energy, including wind, hydro, solar, etc., is an alternative to the traditional energy sources. The renewable energy industry possesses considerable potential, and has recently become the centre of the global energy landscape. Therefore, this article refers to the rolling-window Granger causality test, in order to explore the role of renewable energy (RE) in reducing the greenhouse gas emissions. By studying the interactions that take place between RE consumption and carbon dioxide (CO) emissions, we find that the negative impact of RE on CO indicates that the replacement role of RE has become increasingly prominent, for it to effectively contribute towards the realization of carbon emission reduction. The results in this regard are consistent with the energy-environment model, suggesting that RE has an excellent performance in achieving carbon neutrality. In fact, CO usually exhibits a negative effect on RE, which indicates towards the predictability of environmental quality to the development potential of renewable energy. Carbon emission reduction has become a game of interest among the countries around the world. And hence, in relation to these turn of events in the last few decades, RE is now expected to usher in the required acceleration. While eventually it is believed that the green energy competition will reshape the geopolitics of the world.
在考虑全球绿色低碳转型的一般条件下，可以肯定的是，清洁和可再生能源的使用，包括风能、水能、太阳能等，是传统能源的替代品。可再生能源产业具有相当大的潜力，最近已成为全球能源格局的中心。因此，本文采用滚动窗口格兰杰因果检验，以探索可再生能源（RE）在减少温室气体排放方面的作用。通过研究可再生能源消费和二氧化碳（CO）排放之间的相互作用，我们发现可再生能源对 CO 的负面影响表明，可再生能源的替代作用变得越来越突出，因为它可以有效地为实现碳排放减排做出贡献。这方面的结果与能源环境模型一致，表明可再生能源在实现碳中和方面表现出色。事实上，CO 通常对 RE 产生负面影响，这表明环境质量的可预测性对可再生能源的发展潜力具有重要意义。减少碳排放已成为全球各国关注的焦点。因此，在过去几十年的这些发展趋势下，RE 现在有望迎来所需的加速。最终，绿色能源竞争有望重塑世界地缘政治格局。
