首页|The role of disaggregated renewable energy consumption on income and load capacity factor:A novel inclusive sustainable growth approach

The role of disaggregated renewable energy consumption on income and load capacity factor:A novel inclusive sustainable growth approach

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Stimulating renewable energy consumption is a major focus of the Sustainable Development Goals in combating climate change and global warming.The International Energy Agency estimates that renew-able energy consumption should be doubled to achieve the COP21 targets.In this context,the question is whether renewable energy types promote the improvement of ecological quality and economic growth.Most studies have investigated the influence of renewable energy on ecological pollution using carbon dioxide emissions or ecological footprint indicators,which only represent the pollution caused by human consumption patterns,and these indicators neglect the supply side.Motivated by this point,this study uses the LCF(Load Capacity Factor)as an environmental indicator and examines the causality relation-ship among different types of renewable energy,income,and environmental quality in the USA,while also incorporating employment and capital stock into the analysis.Through using the Fourier causality test with the wavelet-decomposed series,the study explores for the validity of the renewable energy-based growth hypothesis and answers to the question of whether there is a causal effect of renewable energy types on environmental quality.The results demonstrate that there is a bidirectional causality between total renewable energy,wood,biomass,and economic growth as well as between these renew-able energy types and the LCF.

Load capacity factorEconomic growthRenewable energyFourier approximationEmvironmental quality

Ugur Korkut Pata、Qiang Wang、Mustafa Tevfik Kartal、Arshian Sharif

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Osmaniye Korkut Ata University,Faculty of Economics and Administrative Sciences,Department of Economics,Merkez,80000 Osmaniye,Turkey

Adnan Kassar School of Business,Lebanese American University,Beirut,Lebanon

School of Economics and Management,China University of Petroleum(East China),Qingdao 266580,People's Republic of China

Borsa Istanbul Strategic Planning,Financial Reporting,and Investor Relations Directorate,34467 İstanbul,Turkey

Sunway University Department of Economics & Finance,Subang Jaya,Malaysia

University of Economics and Human Sciences in Warsaw,Warsaw,Poland

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2024

10.1016/j.gsf.2023.101693

地学前缘(英文版)
中国地质大学（北京） 北京大学

地学前缘(英文版)

CSTPCD
影响因子：0.576
ISSN：1674-9871
年,卷(期)：2024.15(1)
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