Abstract

The importance of environmental sustainability to all human aspects has been spiking as the world keeps evolving. Economies around the world are on the move to ensure sustainable economic development and a clean atmosphere through the use of renewable energy sources. Since the end of the nineteenth century, it is recognized that a global mean sea level rise speed about 1.7 ± 0.2 mm/year, but the rate has increased to 3.2 ± 0.4 mm/year. In this study, we investigated the dynamic linkage between average temperature and sea level within the global framework covering 1881 to 2013. The paper employs wavelet analysis to investigate the short-term and long-run causal links between global average temperature anomalies and global sea level. In this respect, our findings indicate that (i) a significant vulnerability in global average temperature and sea level is observed over the selected study period; (ii) global average temperature has considerable power for predicting sea level, particularly in the long-term. The causality test revealed a bi-directional causal relationship between global average temperature and sea level and unidirectional flow from global average temperature to sea level. And the study confirms the "conservation hypothesis," and it has long-run implications for environmental quality. Thus, minimizing global average temperature anomalies is a decisive ingredient for minimizing sea level rise. Based on these outcomes, both developed and developing countries' policymakers should support the Paris agreement (COP21) agreement to control CO2 emissions growth. Policymakers should encourage the usage of environmentally friendly energy sources that will enhance environmental quality and hold the increase in global average temperature below 1.5 °C.

Full Text
Published version (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