Karlilar Selin, Emir Firat
Department of Economics, Faculty of Business and Economics, Eastern Mediterranean University, Famagusta, North Cyprus, via Mersin 10, Turkey.
Faculty of Economics, Administrative and Social Sciences, Bahcesehir Cyprus University, Nicosia, North Cyprus, via Mersin 10, Turkey.
Environ Sci Pollut Res Int. 2023 Feb;30(9):24077-24087. doi: 10.1007/s11356-022-23910-z. Epub 2022 Nov 5.
The transition to renewable energy sources has been identified as crucial to combating climate change on a global scale. India's future energy vision is becoming increasingly focused on renewable markets, particularly solar and wind power, which would improve energy efficiency and allow the country to shift from a coal-based economy to a renewable-based economy by 2030. In this context, the present study intends to investigate the impact of India's considerable investments in solar and wind power plants on mitigating environmental degradation by reducing reliance on coal-fired power. To this end, this study adopts the Fourier Autoregressive Distributive Lag (ADL) cointegration test and Fully Modified Ordinary Least Square (FMOLS) to assess the relationship between coal consumption, solar power, wind power, and ecological footprint in India using data from 1995 to 2018. The empirical results show that solar and wind power are significant and negatively related to ecological footprint, indicating that they lessen the environmental degradation. However, coal consumption is significant and positively related to ecological footprint. The study findings confirm the constructive role of solar and wind power in mitigating environmental degradation that is caused by the domination of coal-fired power generation in India, and solar and wind power are cleaner alternatives to replace coal-fired power.
向可再生能源的转型已被视为全球应对气候变化的关键所在。印度未来的能源愿景越来越聚焦于可再生能源市场,尤其是太阳能和风能,这将提高能源效率,并使该国到2030年从以煤炭为基础的经济转向以可再生能源为基础的经济。在此背景下,本研究旨在调查印度对太阳能和风能发电厂的大量投资通过减少对燃煤发电的依赖来减轻环境退化的影响。为此,本研究采用傅里叶自回归分布滞后(ADL)协整检验和完全修正普通最小二乘法(FMOLS),利用1995年至2018年的数据评估印度煤炭消费、太阳能、风能与生态足迹之间的关系。实证结果表明,太阳能和风能与生态足迹显著负相关,表明它们减轻了环境退化。然而,煤炭消费与生态足迹显著正相关。研究结果证实了太阳能和风能在减轻印度燃煤发电主导造成的环境退化方面的建设性作用,太阳能和风能是替代燃煤发电的更清洁选择。