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Exploring the impact of green energy and consumption on the sustainability of natural resources: Empirical evidence from G7 countries

Ka Yin Chau, Massoud Moslehpour (), Yu-Te Tu, Nguyen Tan Tai, Nguyen Hoang Tien and Pham Quang Huy

Renewable Energy, 2022, vol. 196, issue C, 1241-1249

Abstract: The sustainability of natural resources has become a global issue that requires the focus of recent literature and policymakers. This article reports an empirical investigation on the impact of green energy exploration and consumption (renewable energy production, renewable energy consumption, and combustible renewable waste) on the sustainability of natural resources (natural resources rent) across Group of Seven (G7) countries. For this purpose, secondary data were extracted from the World Bank Indicators (WDI) between 2001 and 2019 and the Method of Moments Quantile Regression (MMQR) was used to test the relationships between the constructs. The results showed that green energy exploration and consumption have a positive relationship with the sustainability of the natural resources of G7 countries. This study offers both theoretical and practical significance particularly for relevant authorities to formulate and implement policies regarding the sustainability of natural resources.

Keywords: Green energy; Renewable energy production; Sustainability; Natural resources renewable energy consumption (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:196:y:2022:i:c:p:1241-1249

DOI: 10.1016/j.renene.2022.07.085

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