Nexus between carbon emissions, energy consumption, and economic growth: Evidence from global economies.

ABSTRACT: Renewable energy holds a remarkable role in clean energy adaptation due to the much lower carbon footprint it releases compared to other fossil fuels. It also has a positive impact by slowing down the rate of climate change. The study has examined the links between renewable and non-renewable energy use, CO2 emissions and economic growth in developed, developing, and LDCs and Economies in Transition between 1990 and 2019 in 152 countries. Granger-causality has been used as the methodology to investigate the link between the variables. The findings of the existing studies on the relationship between the consumption of renewable and non-renewable energy sources and economic growth are inconsistent, indicating that there may or may not be a relationship between the two factors. Apart from hav

SUBMITTER: Dissanayake H 

PROVIDER: S-EPMC10289335 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature