The pathway toward pollution mitigation in EU28 region: does bioenergy growth make a difference?

Abstract

PurposeThis research explores the effect of bioenergy use on carbon dioxide releases in 28 European Union (EU-28) affiliated members starting from 1990 to 2018.Design/methodology/approachApplying panels' fixed effect (FE) estimator and random effect (RE) estimator, the regressed findings are highly validated as they were robust by panel least square dummy variable corrected (LSDVC) and pooled ordinary least square (Pooled OLS) estimators.FindingsThe findings claimed that carbon dioxide releases decrease with an incline in bioenergy use and trade openness. On the other hand, fossil-fuel and economic growth indicators mounting carbon dioxide releases. The result implies that carbon dioxide releases in EU-28 region members can be mitigated significantly by mounting the quantity bioenergy use in generation channel. This will mostly participate in combating environmental pollution.Practical implicationsThe study suggests for EU28 region members to enhance the portion of bioenergy in their fuel access to decrease emitted carbon dioxide. Governors in EU28 members should mainly encourage bioenergy expansion to raise its security and availability. The politicians of the EU28 members must assert on efficacy and productivity of bioenergy production to achieve energy accessibility and decrease dependency on conventional energy.Originality/valueThis research applies the recently improved model, the panel data analysis approach, which considered for the first-class impacts of estimators on the dependent variable and deals with the several problems of the common Pooled OLS estimator's manner and performance. Finally, this research contributes to the previous studies on ecological sustainability by examining the presence correlation among carbon dioxide emissions, bioenergy sustainability, trade openness, fossil fuel and gross domestic product in the EU28 region. Hence, it proves our research novelty, originality and contribution to the body of knowledge.