A step towards a sustainable environment in top-10 nuclear energy consumer countries: The role of financial globalization and nuclear energy

IF 2.6 3区 工程技术 Q1 NUCLEAR SCIENCE & TECHNOLOGY Nuclear Engineering and Technology Pub Date : 2024-08-06 DOI:10.1016/j.net.2024.08.011
Mumtaz Ali, Ahmed Samour, Suhaib Ahmed Soomro, Waqar Khalid, Turgut Tursoy
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Abstract

Nuclear energy is considered an effective means of enhancing environmental sustainability. Considering this point, this study aims to explore the impact of nuclear energy, financial globalization, technological innovation, and economic growth on ecological sustainability in the top-10 nuclear energy-consuming economies from 1995 to 2020. The load capacity factor is used as a novel proxy for ecological sustainability, explaining how human actions affect ecological sustainability and how nature compensates for human-induced damage. The study employs a novel non-parametric MMQR approach to obtain coefficients across heterogeneous quantiles. The MMQR estimation findings indicate that: (i) nuclear and renewable energy consumption and financial globalization promote environmental sustainability by increasing the LCF; (ii) economic growth degrades ecological sustainability by decreasing the LCF; and (iii) the results from Granger causality suggest a causal link among economic growth, technological innovation, nuclear energy, and LCF. The study recommends that the governments of the top-10 nuclear energy-consuming countries facilitate more investment in green technologies and green energy to achieve environmental sustainability.
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十大核能消费国向可持续环境迈出的一步:金融全球化和核能的作用
核能被认为是提高环境可持续性的有效手段。考虑到这一点,本研究旨在探讨 1995 至 2020 年间核能、金融全球化、技术创新和经济增长对前十大核能消费经济体生态可持续性的影响。负载能力因子被用作生态可持续性的新型替代指标,用以解释人类行为如何影响生态可持续性,以及大自然如何补偿人类造成的破坏。研究采用了一种新颖的非参数 MMQR 方法,以获得跨异质量级的系数。MMQR 估计结果表明(i) 核能和可再生能源消费以及金融全球化通过提高 LCF 促进环境可持续性;(ii) 经济增长通过降低 LCF 降低生态可持续性;(iii) 格兰杰因果关系结果表明经济增长、技术创新、核能和 LCF 之间存在因果关系。研究建议前十大核能消费国政府促进对绿色技术和绿色能源的更多投资,以实现环境可持续性。
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来源期刊
Nuclear Engineering and Technology
Nuclear Engineering and Technology 工程技术-核科学技术
CiteScore
4.80
自引率
7.40%
发文量
431
审稿时长
3.5 months
期刊介绍: Nuclear Engineering and Technology (NET), an international journal of the Korean Nuclear Society (KNS), publishes peer-reviewed papers on original research, ideas and developments in all areas of the field of nuclear science and technology. NET bimonthly publishes original articles, reviews, and technical notes. The journal is listed in the Science Citation Index Expanded (SCIE) of Thomson Reuters. NET covers all fields for peaceful utilization of nuclear energy and radiation as follows: 1) Reactor Physics 2) Thermal Hydraulics 3) Nuclear Safety 4) Nuclear I&C 5) Nuclear Physics, Fusion, and Laser Technology 6) Nuclear Fuel Cycle and Radioactive Waste Management 7) Nuclear Fuel and Reactor Materials 8) Radiation Application 9) Radiation Protection 10) Nuclear Structural Analysis and Plant Management & Maintenance 11) Nuclear Policy, Economics, and Human Resource Development
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