Role of green technology innovation and renewable energy in carbon neutrality: A sustainable investigation from Turkey

Shan, Shan, Genç, Sema Yılmaz, Kamran, Hafiz Waqas and Dinca, Gheorghita (2021) Role of green technology innovation and renewable energy in carbon neutrality: A sustainable investigation from Turkey. Journal of Environmental Management, 294. p. 113004. ISSN 0301-4797

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Official URL: https://doi.org/10.1016/j.jenvman.2021.113004

Abstract

After the Paris Climate Conference (COP21), many countries start progressing towards carbon neutrality targets. In doing so, green technology innovations (GTIs) and clean energy are the essential factors that can help to achieve the carbon neutrality goal. Therefore, this paper examines the linkages between green technology innovation and renewable energy and carbon dioxide emissions based on the STIRPAT model in Turkey during the time of 1990–2018. The study used testing like “unit-root” to verify the variables' integrative properties containing the information for structural breaks. Also, the bootstrapping ARDL-bound testing technique is used to analyze the relationship between the variables. The causal relationship between green technology innovation, energy consumption, renewable energy, population, income per capita, and carbon dioxide emissions is tested through a Granger causality test. The empirical findings show that green technology innovation, renewable energy, energy consumption, population, income per capita, and carbon dioxide emissions are co-integrated for the long-term association. Additionally, green technology innovation and renewable energy decline carbon dioxide emissions, whereas energy consumption, population, and per capita enhance carbon emissions. This paper helps the policymakers design a comprehensive policy for strengthening environmental sustainability through green technology innovation and renewable energy, specifically in the region of Turkey.

Item Type: Article
Uncontrolled Keywords: Green technology, Energy consumption, Carbon emissions, BARDL, Turkey
Subjects: F800 Physical and Terrestrial Geographical and Environmental Sciences
J900 Others in Technology
N900 Others in Business and Administrative studies
Department: Faculties > Engineering and Environment > Computer and Information Sciences
Depositing User: Elena Carlaw
Date Deposited: 03 Jul 2021 13:47
Last Modified: 03 Jul 2021 14:00
URI: http://nrl.northumbria.ac.uk/id/eprint/46598

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