Can technological progress, renewable and nuclear energy consumption be the remedy for global climate crises? An examination of leading OECD countries

Ayhan F., Yenilmez M. I., Elal O., DURSUN S.

Environmental science and pollution research international, cilt.31, sa.1, ss.228-248, 2024 (SCI-Expanded, Scopus) identifier identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 31 Sayı: 1
  • Basım Tarihi: 2024
  • Doi Numarası: 10.1007/s11356-023-30627-0
  • Dergi Adı: Environmental science and pollution research international
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus, IBZ Online, ABI/INFORM, Aerospace Database, Agricultural & Environmental Science Database, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), BIOSIS, CAB Abstracts, EMBASE, Environment Index, Geobase, MEDLINE, Pollution Abstracts, Veterinary Science Database, Civil Engineering Abstracts
  • Sayfa Sayıları: ss.228-248
  • Anahtar Kelimeler: CO2 Emissions, Nuclear energy, OECD, Panel analysis, Renewable energy, Technological development
  • Trakya Üniversitesi Adresli: Evet

Özet

Energy is the most critical input for production and consumption. The inputs of energy cause irreversible damage to the environment. The studies carried out to reduce the environmental impact of the methods used in energy production are extremely valuable. This study aims to reveal the effects of technological development, nuclear energy consumption, and renewable energy use on environmental degradation. The patent numbers, technological development, GDP, renewable energy, and nuclear energy consumption data of 16 OECD countries covering the years 1996-2019 were used in the empirical analysis. The findings of panel FMOLS and DOLS methods reveal that technological progress, nuclear, and renewable energy consumption significantly reduce CO2 emissions. In line with these findings, critical policy implications have been suggested.