The dynamic influence of green technology and environmental taxes on consumption-based carbon emissions in Brazil

IF 7.9 2区经济学 Q1 ECONOMICS Economic Analysis and Policy Pub Date : 2025-02-14 DOI:10.1016/j.eap.2025.02.014

Omar Ahmed Abdulraqeb, Cao Erbao, Abdullah Aloqab, Hamdi Naji

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引用次数: 0

Abstract

Our research investigates the link between environmental tax policies (ETA), environmental technology implementations (ETE), renewable energy applications (RE) and Brazil's consumption-based carbon dioxide emissions (CCO2) from 1994 to 2020 with economic growth measured by Gross Domestic Product (GDP). We validated DOLS results through FMOLS and CCR analysis alongside the DOLS technique. Data reveals environmental technologies and renewable energy help cut carbon dioxide output yet increased GDP raises emission levels. Data analysis using different statistical approaches demonstrates that ETA and RE help decrease Brazil's carbon emission levels. The DOLS analysis reveals ETE negatively affects CCO₂ but OLS, FMOLS and CCR show ETE has no effect on CCO₂ levels. The effectiveness of policies focused on ETA and RE demonstrates their ability to control CCO₂ emissions for environmental sustainability. Governments that embrace renewable energy and electric transport evolution will help build a sustainable environment.

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来源期刊

Economic Analysis and Policy ECONOMICS-

CiteScore

9.80

自引率

9.20%

发文量

231

审稿时长

93 days

期刊介绍： Economic Analysis and Policy (established 1970) publishes articles from all branches of economics with a particular focus on research, theoretical and applied, which has strong policy relevance. The journal also publishes survey articles and empirical replications on key policy issues. Authors are expected to highlight the main insights in a non-technical introduction and in the conclusion.