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Frontiers | Financial Risk, Renewable Energy Technology Budgets, and Environmental Sustainability: Is Going Green Possible?

Since the industrial revolution, countries have been facing the issue of climate change and environmental degradation. It is widely believed that the investment in research and development of renewable energy can play a pivotal role in fighting against climate change. However, the financial risk also increases, which can influence renewable energy technology R&D budgets and environmental sustainability. Nevertheless, the current literature is silent on the linkage between financial risk, renewable energy technology budgets, and environmental quality. Against this backdrop, this article attempts to explore the dynamic linage between financial risk, renewable energy technology budgets, and ecological footprint under the Environment Kuznets Curve (EKC) framework in Organization for Economic Cooperation and Development (OECD) countries. For this purpose, yearly data from 1984 to 2018 is employed using the advanced panel data estimation methods that address the slope heterogeneity and c ....

Tverskaya Oblast , Slovak Republic , United States , France General , United Kingdom , Omskaya Oblast , World Wildlife Fund , Renewable Energy Budgets , Panel Data , Energy Econ , Financial Development , Energy Consumption , University Of Cambridge , Financial Development On Carbon Emissions , Clean Energy Consumption , Energy Technology Rdd Statistics Database , Effect Of Economic Development Income Inequality , Slovak Academy Sciences , Renewable Energy Indicator , Energy Sector On Carbon Emissions , Department Of Economic , Sustainable Development Goals Sdgs , United Nations , Testing For Error Correction In Panel Data , How Does Financial Risk Affect Global , Impacts Of Renewable Energy ,

Frontiers | A Counterfactual Baseline for Assessing Future Environmental Impact: A Case Study of the Belt and Road Initiative

The impact of the Belt and Road Initiative (BRI) on the environment is an important but controversial topic. But assessing it faces a significant challenge for separating its policy impact from the overall effect of economic development that will also have environmental impacts. This paper attempts to provide an evolutionary and counterfactual baseline to evaluate the environmental impact of BRI, based on the distribution dynamics approach and the mobility probability plots (MPPs). Our estimation results suggest that while the majority of BRI economies will lower their emission levels compared with the world average, there are significant differences between BRI and non-BRI countries’ emission patterns and dynamics. The majority of non-BRI economies will have lower emission levels than their BRI counterparts in the absence of BRI policy, indicating that the difference in future emissions between BRI and non-BRI countries should not be completely attributed to the environmental impact ....

United States , Hong Kong , South Korea , Boca Raton , J Asia Pac , Dialogue United Nations Industrial Development Organization , Agenda For Sustainable Development , Wind Energy Production , Firm Carbon Emissions , Environmental Impacts Of The Initiative , Energy Consumption , Green Development Modes , Information Technology , Household Energy Consumption , Context Of China Initiative , Effect Of Financial Development On Ecological Footprint , Distribution Dynamics Of Energy Intensity , Impacts Of China Initiative , A Fresh Evidence From Initiative Economies , Distribution Dynamics Of Energy Intensities , Green Development Or Greenwashing , Energy Efficiency Convergence , China Contributions To Global Green Energy , Artificial Neural Networks Anns , National Science Foundation Of China No , Club Convergence ,