EconPapers    
Economics at your fingertips  
 

Energy innovation and renewable energy consumption in the correction of air pollution levels

Alvarez-Herranz, Agustin, Balsalobre-Lorente, Daniel, Muhammad Shahbaz () and José María Cantos

Energy Policy, 2017, vol. 105, issue C, 386-397

Abstract: This study analyses the relationship between economic growth and environmental pollution. Specifically, it investigates the presence of an environmental Kuznets curve (EKC) in 17 OECD countries over the period of 1990–2012. The results confirm the existence of an N-shaped EKC relationship between income and environmental degradation. The study offers a novel methodological contribution that makes it possible to explain the environmental pollution process through the analysis of low-carbon technologies. This demonstrates how income levels affect energy consumption and how higher energy demand leads to a larger share of fossil sources in the energy mix and, thus, increased greenhouse gas (GHG) emissions. The effect on per capita GHG emissions is explored in a model containing a dampening variable that moderates the relationship between energy consumption and income. This empirical evidence helps to explain the interaction between energy regulation, economic growth and carbon emissions. This study also confirms the positive effect that energy innovation process exerts on environmental pollution. Finally, it is noted that renewable energy sources help to improve air quality.

Keywords: Environmental Kuznets curve; Economic growth; Energy RD&D; Renewable energy (search for similar items in EconPapers)
JEL-codes: Q41 Q55 Q56 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421517301490
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:enepol:v:105:y:2017:i:c:p:386-397

Access Statistics for this article

Energy Policy is currently edited by N. France

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

 
Page updated 2019-10-15
Handle: RePEc:eee:enepol:v:105:y:2017:i:c:p:386-397