Revisiting the Relationship between Energy Price Fluctuations, Forestry, Environmental Governance, and Energy Transition on Carbon Emissions: Evidence from Indonesia

Sosilawaty Sosilawaty, Johanna Maria Rotinsulu, Wahyudi Wahyudi, Yessiarie Silvanny Sibot and Nyahu Rumbang
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Sosilawaty Sosilawaty: Department of Forestry, Faculty of Agriculture, Palangka Raya University, Indonesia,
Johanna Maria Rotinsulu: Department of Forestry, Faculty of Agriculture, Palangka Raya University, Indonesia,
Wahyudi Wahyudi: Department of Forestry, Faculty of Agriculture, Palangka Raya University, Indonesia,
Yessiarie Silvanny Sibot: Faculty of Law, Palangka Raya University, Indonesia,
Nyahu Rumbang: Department of Agricultural Cultivation, Faculty of Agriculture, Palangka Raya University, Indonesia.

International Journal of Energy Economics and Policy, 2023, vol. 13, issue 6, 650-658

Abstract: This paper summarizes the role of energy price fluctuation, forestry, environmental governance, and energy transition on carbon emissions. Since, industrialization and population growth, both are the factors which according to literature are culprits of environmental pollution or sometimes benefits the environment, hence, the contradictory statement of scholars urges the authors to introduce these two variables as a control variable in proposed framework. To analyze the time series data in the time span of 1986-2019, the study used DARDL approach and from the results it has been revealed that energy price fluctuation, forestry, environmental governance, environmental governance, energy transition and population growth increases environmental protection by reducing harmful emission. Based on the results, an empirical baseline is provided to policy makers to strategize their agenda and promote the usage of renewable resources.

Keywords: Energy Prices Fluctuation; Environmental Governance; Energy Transition; Forestry; Environmental Governance (search for similar items in EconPapers)
JEL-codes: E32 H23 O13 P31 Q23 (search for similar items in EconPapers)
Date: 2023
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