{"title":"Impacts of Renewable Energy on CO2 Emission: Evidence from the Visegrad Group Countries","authors":"Erginbay Uğurlu","doi":"10.2478/pce-2022-0013","DOIUrl":null,"url":null,"abstract":"Abstract EU policies aim to develop renewable energy share in both production and consumption of total energy and increase the efforts to mitigate climate change. As relatively new EU members, the Visegrad countries aimed to adopt these targets. Therefore, climate change mitigation and CO2 emissions reduction are important issues in Visegrad countries. In this paper, we examine the renewable energy consumption and CO2 emissions relationship in the Visegrad countries. We use the Fully Modified Ordinary Least Square (FMOLS) model to estimate the long-run relationship between the variables using annual data from the period of 2000–2018. The variables used are CO2 emissions, GDP per capita, renewable energy consumption and urban population. The results show that there is cointegration among the variables. The estimated FMOLS model shows that GDP and population increase CO2 consumption, and renewable energy consumption decreases CO2 emissions. Results show that renewable energy consumption has a decreasing effect on CO2 emissions.","PeriodicalId":37403,"journal":{"name":"Politics in Central Europe","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Politics in Central Europe","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2478/pce-2022-0013","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 4
Abstract
Abstract EU policies aim to develop renewable energy share in both production and consumption of total energy and increase the efforts to mitigate climate change. As relatively new EU members, the Visegrad countries aimed to adopt these targets. Therefore, climate change mitigation and CO2 emissions reduction are important issues in Visegrad countries. In this paper, we examine the renewable energy consumption and CO2 emissions relationship in the Visegrad countries. We use the Fully Modified Ordinary Least Square (FMOLS) model to estimate the long-run relationship between the variables using annual data from the period of 2000–2018. The variables used are CO2 emissions, GDP per capita, renewable energy consumption and urban population. The results show that there is cointegration among the variables. The estimated FMOLS model shows that GDP and population increase CO2 consumption, and renewable energy consumption decreases CO2 emissions. Results show that renewable energy consumption has a decreasing effect on CO2 emissions.
期刊介绍:
POLITICS IN CENTRAL EUROPE – The Journal of the Central European Political Science Association is an independent and internationally peer-reviewed scientific journal in political science and international relations. The Journal was established in 2005 as the scientific review that publishes scientific essays, book reviews and information about conferences and other events connected with Central European issues. POLITICS IN CENTRAL EUROPE publishes politics, policy analysis, international relations and other sub-disciplines of political original, peer-reviewed manuscripts that provide scientific essays focusing on issues in comparative science, as well as original theoretical or conceptual analyses. All essays must contribute to a broad understanding of the region of Central Europe. Our goal is to give scholars from Central Europe and beyond the opportunity to present the results of their research.