Policy uncertainty, renewable energy, corruption and CO2 emissions nexus in BRICS-1 countries: a panel CS-ARDL approach

Muhammad Sadiq (), Syed Tauseef Hassan (), Irfan Khan and Mohammad Mafizur Rahman ()
Additional contact information
Muhammad Sadiq: Central South University
Syed Tauseef Hassan: University of Religions and Denominations
Mohammad Mafizur Rahman: University of Southern Queensland

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2024, vol. 26, issue 8, No 100, 21595-21621

Abstract: Abstract Due to the ecological impacts of fossil energy, renewable energy has become crucial for inclusion in the energy supply to realize a sustainable environment, enhance public welfare, and combat global climate change. However, the transition to renewable energy and eco-sustainability is hampered by certain factors, such as uncertainties in economic policies and corruption. To this end, this study delves into the effects of renewable energy, policy uncertainty, and corruption on CO2 emissions for a panel comprising Brazil, Russia, India, and China (BRICS-1) regulating the environment Kuznets growth curve (EKGC) hypothesis for a period 1990–2020. The unique panel cross-sectional augmented ARDL (CS-ARDL) approach was used in the study, which addresses the constraints of standard procedures by integrating cross-sectional dependence heterogeneity and endogeneity. The findings demonstrated that renewable energy consumption and corruption control contribute to long-term emissions reductions; however, policy uncertainty threatens environmental sustainability. In addition, BRICS-1 nations can benefit from the EKGC theory. The study offers significant ramifications for reducing pollution and suggests that policymakers establish sustainable measures to reduce policy uncertainties, control corruption, and enact environmental regulations that foster a safer environment for all citizens.

Keywords: Economic policy uncertainty; Control of corruption; Renewable energy; Environmental quality; BRICS-1 countries (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s10668-023-03546-w Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:endesu:v:26:y:2024:i:8:d:10.1007_s10668-023-03546-w

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-023-03546-w

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().