Do Environmental Innovation and Green Energy Matter for Environmental Sustainability? Evidence from Saudi Arabia (1990–2018)

Montassar Kahia, Bilel Jarraya, Bassem Kahouli and Anis Omri ()
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Montassar Kahia: Department of Finance and Economics, College of Business and Economics, Qassim University, P.O. Box 6640, Buraidah 51452, Saudi Arabia
Bilel Jarraya: Department of Accounting, College of Business and Economics, Qassim University, P.O. Box 6640, Buraidah 51452, Saudi Arabia
Bassem Kahouli: Community College, University of Ha’il, Ha’il 1234, Saudi Arabia

Energies, 2023, vol. 16, issue 3, 1-18

Abstract: Climate change and global warming, caused by excessive carbon emissions from transportation and other environmentally hazardous activities, are serious problems for many countries nowadays. Therefore, while some countries are not making optimal use of their resources, others are working hard to preserve a green and clean environment in order to foster long-term growth. Governments and policymakers throughout the world are finally starting to take the risks of climate change and global warming seriously. This paper extends previous literature related to environmental design practices by investigating the impacts of environmental innovation and the deployment of green energy on decreasing carbon dioxide (CO 2 ) emissions for Saudi Arabia during the period 1990–2018. Different CO 2 emission measures are incorporated in the analysis, namely per capita CO 2 emissions, CO 2 intensity, CO 2 emissions from liquid fuel use, and CO 2 emissions from heat and electricity generation. Overall, the outcomes of the autoregressive distributed lag (ARDL) technique demonstrate the presence of a long-term association between our two main variables (green energy use and environmental innovation) and the different measures of CO 2 emissions, except CO 2 emissions from liquid fuels consumption for green energy use and CO 2 intensity for environmental innovation. In another sense, the use of renewable energies and technologies linked to environmental patents proves to be a good alternative if they do not contribute to environmental pollution. On the basis of the results, this study offers several policy recommendations.

Keywords: environmental innovation; renewable energy; carbon emissions (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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