Climate change caused by renewable and non-renewable energy consumption and economic growth: A time series ARDL analysis for Turkey
Hakan Acaroğlu and
Mustafa Güllü
Renewable Energy, 2022, vol. 193, issue C, 434-447
Abstract:
This paper focuses on climate change in Turkey caused by energy consumption using an Autoregressive Distributed Lag and Toda-Yamamoto causality analysis. The motivation and aim are: Finding evidence of causality for the relationship between energy consumption, growing economies and climate change depending on parameters that vary over time, which are observed and argued through political implications. Temperature and precipitation are the dependent variables for climate change; energy types and Gross Domestic Product per capita are the independent variables for economic determiners. Data was collected annually from various institutions between 1980 and 2019. According to the Toda-Yamamoto test, a negative relationship is determined between renewable energy consumption and temperature in both the short and long term. The results reveal that a 1% increase in renewable energy reduces the temperature by 0.031%. The increase of renewable energy may help in decreasing temperature. Precipitation and non-renewable energy consumption have a positive relationship in both the short and long term, with a 1% increase in non-renewable energy consumption causing a 0.175% increase in precipitation, indicating a negative effect on climate change. Encouraging renewable energy consumption through government incentives can be a powerful solution to decrease the negative effects of climate change in Turkey.
Keywords: Climate change; Renewable energy consumption; Non-renewable energy consumption; GDP per Capita; Precipitation; Temperature (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:193:y:2022:i:c:p:434-447
DOI: 10.1016/j.renene.2022.04.138
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