The Impact of Nuclear Energy Consumption, Green Technological Innovation, and Trade Openness on the Sustainable Environment in the USA

Bartosz Jóźwik (), Betül Altay Topcu and Mesut Doğan
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Bartosz Jóźwik: Department of International Economics, Institute of Economics and Finance, The John Paul II Catholic University of Lublin, 20-950 Lublin, Poland
Betül Altay Topcu: Department of Foreign Trade, Vocational School of Social Sciences, Kayseri University, 38280 Kayseri, Turkey
Mesut Doğan: Department of Banking and Finance, Vocational School of Bozuyuk, Bilecik Seyh Edebali University, 11100 Bilecik, Turkey

Energies, 2024, vol. 17, issue 15, 1-17

Abstract: Nuclear energy, renewable energy, and alternative energy sources are all crucial for sustainable green energy. However, the existing literature often needs to pay more attention to the role of nuclear energy in achieving sustainable development goals. This study analyzes the impact of green technological innovation, nuclear energy consumption, and trade openness on environmental quality in the US. The authors used the ARDL bounds to identify cointegration relationships, which is appropriate for this study’s dataset as it works well with smaller samples. They also used the Toda–Yamamoto causality test to examine causal links. The ARDL cointegration results indicate a significant long-term relationship between CO 2 emissions, green technological innovation, nuclear energy consumption, and trade openness. Green technological innovation has a negative impact on CO 2 emissions. Higher nuclear energy consumption is associated with lower CO 2 emissions, while greater trade openness is associated with higher CO 2 emissions, although these effects are less certain. The results suggest promoting green technological innovation and nuclear energy can be effective strategies for reducing CO 2 emissions, while the impact of trade openness requires careful consideration due to its potential to increase emissions.

Keywords: nuclear energy consumption; green technological innovation; environment; trade openness; the United States (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
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