Abstract
The paper investigates the renewable energy consumption-environmental quality nexus using the FMOLS time-series analysis for Nigeria from 1981 to 2021. The findings indicated that nonrenewable energy consumption had an inverse and significant effect on environmental quality, while renewable energy consumption had a positive and significant impact on envi- ronmental quality. Financial development, on the other hand, had no significant effect on en- vironmental quality. As a result, the study suggests an appropriate policy-mix approach to ensure environmental quality in Nigeria. Furthermore, Nigeria should broaden its energy sources, specifically diversify to cleaner energy sources to guarantee environmental quality.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT
Disclaimer: 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.