Heading towards sustainable environment: does renewable and non-renewable energy generation matter for the effect of industrialization and urbanization on ecological footprint? Evidence from China.

Abstract

This study examines how renewable and non-renewable energy generation interacts with both to affect the ecological footprint in China during 1990-2019 by using FMOLS, DOLS, and CCR estimation techniques and ARDL simulation models to assess the impact of industrialization and urbanization on environmental sustainability based on the environmental Kuznets curve hypothesis model framework. Firstly, the findings verify the applicability and validity of the EKC hypothesis in China. Secondly, renewable energy generation, industrialization, and urbanization facilitate the reduction of ecological footprint and the improvement of environmental quality in the long run, while non-renewable energy generation increases the ecological footprint and leads to the intensification of ecological pollution. However, the short-term estimates give evidence that industrialization, urbanization, and renewable and non-renewable energy generation can all increase the ecological footprint, which is not conducive to ecological sustainability. Thus, from the perspective of ecological sustainability in China, our findings are important in that they provide clear directions for ecological policy formulation, and we also provide some targeted policy recommendations for them to promote sustainable development as a goal.