Abstract
Purpose: The threat of global warming has escalated as a result of industrialization, urbanization, population growth, and lifestyle changes in Brazil, Russia, India, China, and South Africa (BRICS). The amount of electricity generated by various sources is directly influenced by their respective carbon dioxide (CO2
 ) emissions. This study’s primary goal is to determine which sources are bad for the environment and which are not.
 Methodology: Examining the impact of different energy generation sources on CO2
 emissions using data from the BRICS. To analyze the data, pooled OLS and Generalized Method of Moments (GMM) are used, as well as Quantile Regression (QR).
 Findings: We found that coal and gas power generation had a positive and large influence on CO2
 emissions regardless of the method used. As compared to other emissions, coal-fired energy production has a more significant impact. In all regression models, hydroelectric and renewable energy generation can reduce CO2
 emissions.
 Originality: Identifying an empirical link between CO2
 emissions and energy production sources is the study’s most significant accomplishment. To obtain solid results, the paper used a combination of QR and GMM techniques. The conclusions presented in this article have important environmental policy consequences. CO2 emissions can be reduced by reducing the consumption of fossil fuels and promoting the development of alternative energy sources such as hydroelectric, wind, and solar power.
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
