Natural resources and trade-adjusted carbon emissions in the BRICS: The role of clean energy

Zhiwei Wang and Yongjun Huang

Resources Policy, 2023, vol. 86, issue PA

Abstract: Environmental degradation is not only a serious threat to human health but also affects all types of development projects across countries. Countries aim to control the increase in temperature as a means of addressing issues regarding the environment. In spite of the agreement, CO2e has been steadily rising over the course of the years, which poses an ongoing risk to the lives of people living on earth. Countries are passing laws that will make it easier to gain affordable access to green and clean forms of energy. Despite growing recognition of the need to improve environment, many countries continue to rely heavily on natural resource extraction and exportation, which can deteriorate environment. This study investigates the impact of natural resource rents, and access to clean technologies for cooking on CO2e of BRICS nations from 1990 to 2021. We use quantile regression methods to explore the impact of natural resources, access to clean technologies, renewable energies, income, and trade on CO2 emissions. We found that extraction of natural resource deteriorates environment in BRICS countries. Moreover, access to clean technologies, and renewable energies are helpful for abating CO2 emissions. The results demonstrate the necessity of adopting cleaner technologies to reduce the high worry of CO2e concentration, which is driven by income and commerce. Sustainable consumption and production policies generate effective tools for reducing environmental concerns, which is crucial for achieving healthy gains.

Keywords: Natural resource rent; Access to clean energy; Environmental performance; BRICS nations (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420723008048
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:jrpoli:v:86:y:2023:i:pa:s0301420723008048

DOI: 10.1016/j.resourpol.2023.104093

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().