Abstract
ABSTRACT This study analyzes the impact of energy efficiency and renewable energy use on carbon emissions in G7 countries. The period examined covers the years 1971–2023. There are two important results. The first is the cointegration relationship between the variables. Accordingly, there is a long-run cointegration relationship between energy efficiency, renewable energy use and carbon emissions. The second is the direction and strength of this long-run relationship. When energy efficiency increases, carbon emissions decrease. This result is consistent with general expectations. On the other hand, there is a positive relationship between renewable energy consumption and carbon emissions. This result is not consistent with general expectations. The existence of a positive relationship between renewable energy consumption and carbon emissions is an issue that needs to be discussed.
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.
