The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy

IF 1.4 3区社会学 Q1 AREA STUDIES Asia & the Pacific Policy Studies Pub Date : 2024-11-13 DOI:10.1002/app5.70002

Xuying Zhu, Hadi Hussain, Song Fang

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Abstract

In the pursuit of sustainable development, the escalating challenges of global environmental pollution and the imperative to mitigate energy intensity stand as paramount concerns. As a result, this study aims to construct a comprehensive framework that acknowledges the interplay between energy intensity, the stringency of environmental policies, and the integration of renewable energy within BRICS nations. Utilizing a panel dataset covering the years 1991–2021, this study employs a range of econometric methods such as cross-sectional dependence tests, second-generation unit root tests, and panel co-integration analysis. The results reveal the pivotal roles of energy intensity, the integration of renewable energy sources, and the enforcement of stringent environmental policies in mitigating carbon emissions. Additional analysis indicates that the impact of energy intensity in lowering carbon emissions is strengthened when institutional quality and research and development capabilities reach a certain threshold, thereby offsetting the impact of openness. In accordance, the present study suggests adopting a versatile and inclusive policy approach to effectively decrease carbon emissions, providing insights for policymakers in crafting climate change mitigation strategies and fostering sustainable development.

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金砖国家遏制碳排放框架：来自能源强度、可再生能源和环境政策的证据

在追求可持续发展的过程中，全球环境污染日益加剧的挑战和降低能源密集度的紧迫性成为人们最为关注的问题。因此，本研究旨在构建一个综合框架，承认金砖国家内部能源强度、环境政策的严格程度和可再生能源整合之间的相互作用。本研究利用 1991-2021 年的面板数据集，采用了一系列计量经济学方法，如横截面依赖性检验、第二代单位根检验和面板协整分析。研究结果表明，能源强度、可再生能源的整合以及严格的环境政策的实施在减少碳排放方面起着举足轻重的作用。其他分析表明，当制度质量和研发能力达到一定门槛时，能源强度对降低碳排放的影响会加强，从而抵消开放度的影响。因此，本研究建议采取多变和包容的政策方法来有效减少碳排放，为决策者制定气候变化减缓战略和促进可持续发展提供启示。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asia & the Pacific Policy Studies AREA STUDIES-

CiteScore

3.20

自引率

5.30%

发文量

审稿时长

6 weeks

期刊介绍： Asia & the Pacific Policy Studies is the flagship journal of the Crawford School of Public Policy at The Australian National University. It is a peer-reviewed journal that targets research in policy studies in Australia, Asia and the Pacific, across a discipline focus that includes economics, political science, governance, development and the environment. Specific themes of recent interest include health and education, aid, migration, inequality, poverty reduction, energy, climate and the environment, food policy, public administration, the role of the private sector in public policy, trade, foreign policy, natural resource management and development policy. Papers on a range of topics that speak to various disciplines, the region and policy makers are encouraged. The goal of the journal is to break down barriers across disciplines, and generate policy impact. Submissions will be reviewed on the basis of content, policy relevance and readability.