Research Center for Labor Economics and Human Resources, Shandong University, Weihai, 264209, China.
Department of Economics, Faculty of Economics and Administrative Sciences, Cyprus International University Nicosia, Mersin-10, Turkey; Department of Economic & Data Sciences, New Uzbekistan University, 54 Mustaqillik Ave, Tashkent, 100007, Uzbekistan.
J Environ Manage. 2023 Sep 15;342:118120. doi: 10.1016/j.jenvman.2023.118120. Epub 2023 May 12.
Energy transition and reducing greenhouse gas emissions are fundamental to achieving sustainable development and ensuring a bright and healthy future. To contribute to the empirical literature on these objectives, this study explores the long-term influence of environment-related ICT innovations (EICT) on energy transition and greenhouse gas emissions (GHGE) in G-7 economies for the first time, while considering financial development (FD) and human development (HD). Additionally, the study investigates the moderating role of FD with EICT and HD in energy transition and GHGE. Using a Cross-Sectional Augmented Distributed Lag (CS-ARDL) technique to tackle the issues of cross-sectional dependency and slope heterogeneity, the study evaluated data from 1990 to 2020. The results indicate that EICT, FD, and HD have a significant positive effect on long-term energy transition, and mitigate GHGE in G-7 economies. Furthermore, the influence of EICT and HD on energy transition and GHGE is amplified in the presence of financial development, as evidenced by the moderating effect of FD. Based on these facts, the study suggests various policy measures, such as investing in clean technologies and education, to promote the energy transition and environmental quality in G-7 economies to achieve sustainable development goals.
能源转型和减少温室气体排放对于实现可持续发展和确保光明健康的未来至关重要。为了为这些目标的经验文献做出贡献，本研究首次探讨了与环境相关的信息通信技术创新（EICT）对 G7 经济体能源转型和温室气体排放（GHGE）的长期影响，同时考虑了金融发展（FD）和人类发展（HD）。此外，该研究还调查了 FD 在 EICT 和 HD 对能源转型和 GHGE 的调节作用。本研究使用横截面增强分布滞后（CS-ARDL）技术来解决横截面相关性和斜率异质性问题，评估了 1990 年至 2020 年的数据。结果表明，EICT、FD 和 HD 对 G7 经济体的长期能源转型具有显著的积极影响，并减轻了 GHGE。此外，金融发展增强了 EICT 和 HD 对能源转型和 GHGE 的影响，这表明 FD 具有调节作用。基于这些事实，本研究提出了各种政策措施，例如投资清洁技术和教育，以促进 G7 经济体的能源转型和环境质量，实现可持续发展目标。
