Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation Support
The objective of this study is to evaluate the effectiveness of renewable energy in combating climate change and supporting adaptation efforts. By applying the ARDL model to data from 58 countries spanning the period from 1990 to 2022, this study sheds light on the opportunities and challenges asso...
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| Format: | Article |
| Language: | English |
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EconJournals
2024-05-01
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| Series: | International Journal of Energy Economics and Policy |
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| Online Access: | https://www.econjournals.com.tr/index.php/ijeep/article/view/15769 |
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| author | Ilyes Abidi Mariem Nsaibi |
| author_facet | Ilyes Abidi Mariem Nsaibi |
| author_sort | Ilyes Abidi |
| collection | DOAJ |
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The objective of this study is to evaluate the effectiveness of renewable energy in combating climate change and supporting adaptation efforts. By applying the ARDL model to data from 58 countries spanning the period from 1990 to 2022, this study sheds light on the opportunities and challenges associated with this involved relationship. The results indicate that renewable energy plays a significant role in reducing greenhouse gas emissions and mitigating temperature anomalies. Specifically, wind energy, biomass, geothermal energy, solar energy, and waste utilization demonstrate a positive correlation with greenhouse gas emission reduction. Moreover, wind energy, solar energy, waste utilization, and the proportion of renewable energy in primary energy consumption are also linked to a decrease in temperature anomalies. These findings emphasize the importance of implementing concrete measures such as promoting sustainable transportation, ensuring sustainable management of natural resources, raising awareness and enhancing education, increasing subsidies and incentives for renewable energy and strengthening regulations on greenhouse gas emissions.
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| format | Article |
| id | doaj-art-1c1d785e398a47d6977c05825a71a29b |
| institution | Kabale University |
| issn | 2146-4553 |
| language | English |
| publishDate | 2024-05-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj-art-1c1d785e398a47d6977c05825a71a29b2024-12-27T01:04:34ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-05-0114310.32479/ijeep.15769Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation SupportIlyes Abidi0Mariem Nsaibi1Management Information Systems Department, Applied College, University of Ha’il, Hail City P.O. Box 2440, Saudi ArabiaManagement Information Systems Department, Applied College, University of Ha’il, Hail City P.O. Box 2440, Saudi Arabia The objective of this study is to evaluate the effectiveness of renewable energy in combating climate change and supporting adaptation efforts. By applying the ARDL model to data from 58 countries spanning the period from 1990 to 2022, this study sheds light on the opportunities and challenges associated with this involved relationship. The results indicate that renewable energy plays a significant role in reducing greenhouse gas emissions and mitigating temperature anomalies. Specifically, wind energy, biomass, geothermal energy, solar energy, and waste utilization demonstrate a positive correlation with greenhouse gas emission reduction. Moreover, wind energy, solar energy, waste utilization, and the proportion of renewable energy in primary energy consumption are also linked to a decrease in temperature anomalies. These findings emphasize the importance of implementing concrete measures such as promoting sustainable transportation, ensuring sustainable management of natural resources, raising awareness and enhancing education, increasing subsidies and incentives for renewable energy and strengthening regulations on greenhouse gas emissions. https://www.econjournals.com.tr/index.php/ijeep/article/view/15769Effectiveness, Renewable Energy, Greenhouse Gas Emissions, Climate Change, and Adaptation |
| spellingShingle | Ilyes Abidi Mariem Nsaibi Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation Support International Journal of Energy Economics and Policy Effectiveness, Renewable Energy, Greenhouse Gas Emissions, Climate Change, and Adaptation |
| title | Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation Support |
| title_full | Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation Support |
| title_fullStr | Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation Support |
| title_full_unstemmed | Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation Support |
| title_short | Assessing the Impact of Renewable Energy in Mitigating Climate Change: A Comprehensive Study on Effectiveness and Adaptation Support |
| title_sort | assessing the impact of renewable energy in mitigating climate change a comprehensive study on effectiveness and adaptation support |
| topic | Effectiveness, Renewable Energy, Greenhouse Gas Emissions, Climate Change, and Adaptation |
| url | https://www.econjournals.com.tr/index.php/ijeep/article/view/15769 |
| work_keys_str_mv | AT ilyesabidi assessingtheimpactofrenewableenergyinmitigatingclimatechangeacomprehensivestudyoneffectivenessandadaptationsupport AT mariemnsaibi assessingtheimpactofrenewableenergyinmitigatingclimatechangeacomprehensivestudyoneffectivenessandadaptationsupport |