Abstract
After the Paris Climate Conference (COP21), many countries start progressing towards carbon neutrality targets. In doing so, green technology innovations (GTIs) and clean energy are the essential factors that can help to achieve the carbon neutrality goal. Therefore, this paper examines the linkages between green technology innovation and renewable energy and carbon dioxide emissions based on the STIRPAT model in Turkey during the time of 1990–2018. The study used testing like “unit-root” to verify the variables' integrative properties containing the information for structural breaks. Also, the bootstrapping ARDL-bound testing technique is used to analyze the relationship between the variables. The causal relationship between green technology innovation, energy consumption, renewable energy, population, income per capita, and carbon dioxide emissions is tested through a Granger causality test. The empirical findings show that green technology innovation, renewable energy, energy consumption, population, income per capita, and carbon dioxide emissions are co-integrated for the long-term association. Additionally, green technology innovation and renewable energy decline carbon dioxide emissions, whereas energy consumption, population, and per capita enhance carbon emissions. This paper helps the policymakers design a comprehensive policy for strengthening environmental sustainability through green technology innovation and renewable energy, specifically in the region of Turkey.
Highlights
Every country in the world needs to be consistent with its endow ment of energy resources and employment of socially equitable tech nologies with a minimum adverse impact on nature (Umar et al, 2020a; 2020b; Su et al, 2020)
This paper is contributing to the existing literature in the following ways: (i) it is assumed as a pioneering effort to analyze the relationship between carbon dioxide emissions, green technology innovation, energy consumption, renewable energy, population, and per capita income using the annual data from Turkish economy during 1990–2018 by considering the significant role of green technology innovation. (ii) this study examines the unit root characteristics of green technology inno vation, energy consumption, renewable energy, population, per capita, and carbon dioxide emissions through ADF and ZA tests. (iii) This study applies the bootstrapping ARDL bound testing method to validate cointegration association aimed variables for analyzing the cointegra tion
Turkey starts progressing towards carbon neutrality target after the Paris Climate Conference (Conference of the Paris COP: 21)
Summary
Every country in the world needs to be consistent with its endow ment of energy resources and employment of socially equitable tech nologies with a minimum adverse impact on nature (Umar et al, 2020a; 2020b; Su et al, 2020). One-fifth of the enterprises in the Turkish region were classified as productive innovative These innovations include those developed for environmental protection, pollution control, energy saving, water conservation, recycling, emission reduction, low carbon, and environmental protection and ecology. All of the above figures have provided enough justification for considering Turkey’s economy while observing the trends in carbon emission based on interest variables like energy consumption, green technology innovation, and various other macroeconomic dynamics. This paper is contributing to the existing literature in the following ways: (i) it is assumed as a pioneering effort to analyze the relationship between carbon dioxide emissions, green technology innovation, energy consumption, renewable energy, population, and per capita income using the annual data from Turkish economy during 1990–2018 by considering the significant role of green technology innovation.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
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 call
