Load Capacity Factor and Environmental Quality: Unveiling the Role of Economic Growth, Green Innovations, and Environmental Policies in G20 Economies

Ivan A. Duran and Najia Saqib
Additional contact information
Ivan A. Duran: Department of Finance, College of Business Administration, Prince Sultan University, Riyadh, Saudi Arabia
Najia Saqib: Department of Finance, College of Business Administration, Prince Sultan University, Riyadh, Saudi Arabia

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 6, 287-294

Abstract: The study analyzes the impact of economic growth, green innovations in Information and Communication Technology (ICT), and environmental legislation on the Load Capacity Factor (LCF) in G20 countries, employing data from 1993 to 2021. A comprehensive econometric analysis emphasizes the essential function of strong environmental legislation and green ICT developments in improving LCF, hence promoting a sustainable harmony between economic activities and environmental well-being. The study indicates that the integration of green ICT solutions and the enhancement of environmental regulations are essential for promoting sustainable development. Policy recommendations encompass the augmentation of environmental tax measures, the promotion of renewable energy investments, and the application of thorough environmental assessments. These techniques are crucial for the G20 countries in order to attain enduring environmental sustainability with economic growth.

Keywords: Load Capacity Factor; Environmental Sustainability; Green ICT; Environmental Policies (search for similar items in EconPapers)
JEL-codes: F43 F64 Q55 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)

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/17413/8315 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/17413 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2024-06-28

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().