Green innovation and environmental sustainability: Do clean energy investment and education matter?

IF 4 4区环境科学与生态学 Q2 ENVIRONMENTAL STUDIES Energy & Environment Pub Date : 2022-07-19 DOI:10.1177/0958305X221115096

Liang Li, Gang Li, I. Ozturk, Sana Ullah

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引用次数: 22

Abstract

Rapid modernization and industrialization have significantly intensified carbon emissions and worsened environmental sustainability around the globe. Despite the significant importance of green innovation, clean energy consumption, and education in every aspect of life, the role of all these variables in determining environmental sustainability has not been explored quite extensively in case of China. Under this premise, the present study aims to investigate the role of green innovation, clean energy investment, and education on environmental sustainability in highly polluted Asian economies for the period of 1991–2019 by employing the autoregressive distributed lag (ARDL) model. The findings infer that increase in green innovation reduces CO2 emissions in China, India, and Japan in the long-run. However, an increase in clean energy investment and education tends to decline CO2 emissions in Russia and Japan. The findings confirm that green innovation, clean energy investment, and education improve environmental sustainability in long-run, while short-run estimates are diverse. Thus, governments of highly polluted economies should increase investment in education, clean energy, and technology to mitigate CO2 emissions.

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绿色创新和环境可持续性:清洁能源投资和教育重要吗?

快速的现代化和工业化显著加剧了全球的碳排放，恶化了环境的可持续性。尽管绿色创新、清洁能源消费和教育在生活的各个方面都非常重要，但在中国，所有这些变量在决定环境可持续性方面的作用还没有得到广泛的探讨。在此前提下，本研究采用自回归分布滞后(ARDL)模型，探讨1991-2019年亚洲高污染经济体绿色创新、清洁能源投资和教育对环境可持续性的影响。研究结果表明，从长期来看，绿色创新的增加减少了中国、印度和日本的二氧化碳排放。然而，在俄罗斯和日本，清洁能源投资和教育的增加往往会降低二氧化碳排放量。研究结果证实，从长期来看，绿色创新、清洁能源投资和教育提高了环境的可持续性，而短期的估计则存在差异。因此，高污染经济体的政府应增加对教育、清洁能源和技术的投资，以减少二氧化碳排放。

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来源期刊

Energy & Environment ENVIRONMENTAL STUDIES-

CiteScore

7.60

自引率

7.10%

发文量

157

期刊介绍： Energy & Environment is an interdisciplinary journal inviting energy policy analysts, natural scientists and engineers, as well as lawyers and economists to contribute to mutual understanding and learning, believing that better communication between experts will enhance the quality of policy, advance social well-being and help to reduce conflict. The journal encourages dialogue between the social sciences as energy demand and supply are observed and analysed with reference to politics of policy-making and implementation. The rapidly evolving social and environmental impacts of energy supply, transport, production and use at all levels require contribution from many disciplines if policy is to be effective. In particular E & E invite contributions from the study of policy delivery, ultimately more important than policy formation. The geopolitics of energy are also important, as are the impacts of environmental regulations and advancing technologies on national and local politics, and even global energy politics. Energy & Environment is a forum for constructive, professional information sharing, as well as debate across disciplines and professions, including the financial sector. Mathematical articles are outside the scope of Energy & Environment. The broader policy implications of submitted research should be addressed and environmental implications, not just emission quantities, be discussed with reference to scientific assumptions. This applies especially to technical papers based on arguments suggested by other disciplines, funding bodies or directly by policy-makers.