articleSustainabilityJan 17, 2025GOLD OA

Testing the Impact of Renewable Energy and Institutional Quality on Consumption-Based CO2 Emissions: Fresh Insights from MMQR Approach

AAAbdulateif A. AlmulhimNINasiru InuwaMCMaroua ChaouachiASAhmed Samour

King Faisal University · Gombe State University · +1 more institution

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Abstract

The motivation for this research stems from the United Nations Sustainable Development Goals (UN SDGs), specifically SDGs 7, 11, 12, and 13, which focus on the mitigation of climate change and sustainable economic development. This study examined the impact of renewable energy use, institutional quality, and production expansion on consumption-based carbon dioxide (CCO2) emissions in BRICS countries (Brazil, Russia, India, China, and South Africa) from 1996 to 2020. To achieve this, we applied advanced econometric techniques, including second-generation cointegration and unit root tests, along with the novel panel method of moments quantile regression (MMQR). The Westerlund cointegration test confirmed the…

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57
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4

Topics & keywords

Topics
Keywords
  • Renewable energy
  • Environmental economics
  • Energy consumption
  • Consumption (sociology)
  • Natural resource economics
  • Quality (philosophy)
  • Greenhouse gas
  • Economics
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