Resources utilization, taxation and green education: A path to sustainable power generation

Yue Cheng, Gongyan Zhao, Wentao Meng and Qianrong Wang

Resources Policy, 2024, vol. 88, issue C

Abstract: This study addresses the environmental and sustainability challenges arising from coal dependency in high-income Asian economies. Employing the CUP-FM estimation technique, it investigates the complex relationships among coal consumption, sustainable power generation, and green taxation from 2000 to 2020. The findings indicate that coal usage hampers green power generation due to its carbon-intensive nature, greenhouse gas emissions, and resource diversion from green energy projects. Conversely, a higher environmental tax ratio encourages cleaner energy alternatives and supports green infrastructure. Government investment in education enhances environmental awareness, while the growing number of internet users unintentionally increases energy demand. Urbanization presents mixed effects on energy consumption and sustainability. Importing green components significantly boosts green electricity generation through advanced technology and international collaboration. To tackle these challenges, high-income Asian economies should adopt a comprehensive policy approach focusing on coal efficiency, green taxation, sustainable education, digital transformation, and smart and sustainable urban development.

Keywords: Sustainable power generation; Coal consumption; Green taxation policy; High-income asian economies; Panel analysis; Green education (search for similar items in EconPapers)
JEL-codes: C23 H23 Q31 Q42 Q58 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723011005

DOI: 10.1016/j.resourpol.2023.104389

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