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Assessing the Connection between Nuclear and Renewable Energy on Ecological Footprint within the EKC Framework: Implications for Sustainable Policy in Leading Nuclear Energy-producing Countries
2023
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International Journal of Energy Economics and Policy
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Abstract Numerous Sustainable Development Goals (SDGs) set by the United Nations can't be completed without switching to alternative energy sources. Countries need to find common ground between energy security, affordability, accessibility, and environmental sustainability if they are to lay the groundwork for competition and success. Considering the connection between economic growth, nuclear power generation, renewable energy consumption, and non-renewable energy usage, this study examines the ecological footprints of leading nuclear energy-producing countries ( the United States, France, China, Russia, Japan, South Korea, Canada, the Ukraine, the United Kingdom, and Germany) from 1990 to 2020. In order to perform such a thorough empirical investigation, this study makes use of advanced econometric methods. According to the long-term cointegration study, environmental quality is negatively impacted by economic growth and the use of non-renewable energy, while it is positively impacted by the square of economic growth, the use of nuclear energy, and the use of renewable energy. The study found that the ecological footprint is directly correlated with both nuclear power and economic growth. Meanwhile, both renewable and non-renewable energy sources were found to have an effect on the ecological footprint in a causal manner. The findings of this study emphasize the significance of the world's major nuclear energy producing countries harmonizing their energy policies and developing a common energy strategy that includes equitable distribution of key components of the global nuclear energy sector.  Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-03-24 How to Cite Ivan A. Duran, Saqib, N., & Haider Mahmood. (2023). Assessing the Connection between Nuclear and Renewable Energy on Ecological Footprint within the EKC Framework: Implications for Sustainable Policy in Leading Nuclear Energy-producing Countries. International Journal of Energy Economics and Policy, 13(2), 256–264. https://doi.org/10.32479/ijeep.14183 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 2 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Najia Saqib, Ivan A. Duran , Nazia Hashmi, Impact of Financial Deepening, Energy Consumption and Total Natural Resource Rent on CO2 Emission in the GCC Countries: Evidence from Advanced Panel Data Simulation , International Journal of Energy Economics and Policy: Vol. 12 No. 2 (2022) Najia Saqib, Haider Mahmood, Aamir Hussain Siddiqui, Muhammad Asif Shamim, The Link between Economic Growth and Sustainable Energy in G7-Countries and E7-Countries: Evidence from a Dynamic Panel Threshold Model , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) Najia Saqib, Energy Consumption and Economic Growth: Empirical Evidence from MENA Region , International Journal of Energy Economics and Policy: Vol. 11 No. 6 (2021) Najia Saqib, Greenhouse Gas Emissions, Energy Consumption and Economic Growth: Empirical Evidence from Gulf Cooperation Council Countries , International Journal of Energy Economics and Policy: Vol. 8 No. 6 (2018) Abdul Waheed, Najia Saqib, Performance and Potential of Central Government Revenue: A Panel Data Analysis for Oil Exporting and Importing Countries , International Journal of Energy Economics and Policy: Vol. 10 No. 1 (2020) Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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Article : 2.578
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International Journal of Energy Economics and Policy