 Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?Abebe Hailemariam, Kris Ivanovski and Ratbek Dzhumashev Applied Energy, 2022, vol. 327, issue C, No S0306261922013137 Abstract: In this paper, we investigate the impact of public investment in R&D in renewable energy technologies on environmental quality using a spectrum of environmental emissions. We employ new and innovative panel data methods to address the existing econometric issues in estimating the effect of R&D on greenhouse gas emissions. Then, using data from advanced and emerging economies that span the period from 1980 to 2020, we find that R&D investment in renewable technologies has a significant positive effect on environmental quality by reducing a range of pollutants, including carbon dioxide, methane, and other pollutants. The results are robust to a series of sensitivity tests. The findings have important policy implications for climate change and various recent environmental initiatives, including the transition to net-zero emissions and sustainability. Keywords: Research and development (R&D); Renewable energy technology; Greenhouse gas emissions; Carbon dioxide emissions; Sustainability (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:327:y:2022:i:c:s0306261922013137 Ordering information: This journal article can be ordered from DOI: 10.1016/j.apenergy.2022.120056 Access Statistics for this article Applied Energy is currently edited by J. Yan More articles in Applied Energy from Elsevier |
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