Abstract
This study investigates the application of renewable energy which is one of the sectors in the blue economy to CO2 emissions and economic growth in Indonesia. This research examines data from 2000 to 2020 in order to produce "autoregressive vectors" that may be used to assess the causal link between variables. Based on secondary data from the World Bank, the following multivariate regression model was used to investigate the application of renewable energy which is one of the sectors in the blue economy to CO2 emissions and economic growth in Indonesia. We found that renewable energy from the blue economy concept in Indonesia significantly boosts CO2 emissions and economic growth. The increase in the use of renewable energy in Indonesia is still unable to reduce the impact of energy use, namely the increase in CO2 emissions in Indonesian air. The increase in CO2 emissions in the air is also in line with the increase in economic growth so the blue economy concept is still dealing with the preservation of nature. The concept of a blue economy and renewable energy by optimizing marine resources overcomes the problem of scarcity of fossil resources but still needs to develop environmental sustainability issues.
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.
