Does geothermal energy and natural resources affect environmental sustainability? Evidence in the lens of sustainable development

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dc.contributor.authorBashir, Muhammad Adnan
dc.contributor.authorDengfeng, Zhao
dc.contributor.authorShahzadi, Irum [UNESP]
dc.contributor.authorBashir, Muhammad Farhan
dc.contributor.institutionShenzhen University
dc.contributor.institutionUniversidade Estadual Paulista (UNESP)
dc.date.accessioned2023-07-29T12:32:39Z
dc.date.available2023-07-29T12:32:39Z
dc.date.issued2023-02-01
dc.description.abstractClimate change and global warming have been driven by a rise in carbon dioxide (CO2) concentrations in recent decades, posing a danger to environmental sustainability. Thus, this research scrutinizes the effects of two types of energy (coal and geothermal) and natural resources on CO2 emissions in 10 newly industrialized countries (NICs). The study also considers the role of financial globalization using a data between 1990 and 2019. This research applied a fresh nonparametric econometric technique termed “method of moments quantile regression (MMQR).” This approach is resistant to outliers and produces an asymmetric connection between variables. Furthermore, the long-run estimators (AMG and CCEMG) are employed as a robustness check. The findings reveal that natural resources, coal, and economic growth contribute to the degradation of the environment in the NICs in all quantiles (0.1–0.90). However, geothermal energy aids in enhancing environmental sustainability at all quantile distributions (0.1–0.90). Our findings are robust with alternative methods (AMG and CCEMG). The research’s outcomes have the potential to help NICs nations design policies. Finally, based on the research results, a policy framework is proposed to solve the objectives of SDGs 7 and 13.en
dc.description.affiliationCollege of Economics Shenzhen University, Guangdong
dc.description.affiliationDepartment of Production Engineering São Paulo State University (UNESP)
dc.description.affiliationCollege of Management Shenzhen University, Guangdong
dc.description.affiliationUnespDepartment of Production Engineering São Paulo State University (UNESP)
dc.format.extent21769-21780
dc.identifierhttp://dx.doi.org/10.1007/s11356-022-23656-8
dc.identifier.citationEnvironmental Science and Pollution Research, v. 30, n. 8, p. 21769-21780, 2023.
dc.identifier.doi10.1007/s11356-022-23656-8
dc.identifier.issn1614-7499
dc.identifier.issn0944-1344
dc.identifier.scopus2-s2.0-85140358325
dc.identifier.urihttp://hdl.handle.net/11449/246134
dc.language.isoeng
dc.relation.ispartofEnvironmental Science and Pollution Research
dc.sourceScopus
dc.subjectCoal consumption
dc.subjectEnvironmental economics
dc.subjectFinancial globalization
dc.subjectGeothermal energy
dc.subjectSustainability
dc.titleDoes geothermal energy and natural resources affect environmental sustainability? Evidence in the lens of sustainable developmenten
dc.typeArtigo
unesp.author.orcid0000-0001-5476-4012[3]

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