EconPapers    
Economics at your fingertips  
 

Is nuclear energy clean? Revisit of Environmental Kuznets Curve hypothesis in OECD countries

Lin-Sea Lau, Chee-Keong Choong, Cheong-Fatt Ng, Feng-Mei Liew and Suet-Ling Ching

Economic Modelling, 2019, vol. 77, issue C, 12-20

Abstract: A transition towards the adoption of clean energy sources in electricity generation is essential to reduce the emission of greenhouse gases. The present study aims to examine the EKC hypothesis by taking into account nuclear energy in 18 OECD countries for the period 1995–2015. This study employs panel dynamic Generalised Method of Moments (GMM) and panel Fully Modified Ordinary Least Squares (FMOLS) to investigate the effects of electricity production from nuclear source, electricity production from non-renewables and trade openness on CO2 emissions. The empirical findings suggest that EKC hypothesis is valid in OECD countries where nuclear energy plays a pivotal role in protecting the environment. On the contrary, non-renewable energy sources tend to increase CO2 emissions. Our results support the notion that electricity generated by nuclear source leads to lower CO2 emissions without retarding the long run growth in OECD countries. The findings also provide important policy insights and recommendations not only for OECD countries, but also for developing countries in designing appropriate energy and economic policies.

Keywords: Nuclear energy; Non-renewables; CO2 emissions; EKC; Panel analysis (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0264999318302761
Full text for ScienceDirect subscribers only

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:eee:ecmode:v:77:y:2019:i:c:p:12-20

Access Statistics for this article

Economic Modelling is currently edited by S. Hall and P. Pauly

More articles in Economic Modelling from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-08-10
Handle: RePEc:eee:ecmode:v:77:y:2019:i:c:p:12-20