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Tytuł pozycji:

Progress in nuclear energy with carbon pricing to achieve environmental sustainability agenda: on the edge of one's seat.

Tytuł:
Progress in nuclear energy with carbon pricing to achieve environmental sustainability agenda: on the edge of one's seat.
Autorzy:
Anser MK; School of Public Administration, Xi'an University of Architecture and Technology, Xi'an, 710000, China.
Ahmad M; School of Economics, Zhejiang University, Hangzhou, 310058, China.
Khan MA; Department of Economics, University of Haripur, Haripur, Khyber Pakhtunkhwa, Pakistan.
Nassani AA; Department of Management, College of Business Administration, King Saud University, P.O. Box 71115, Riyadh, 11587, Saudi Arabia.
Askar SE; Department of Statistics and Operations Research, College of Science, King Saud University, P.O. Box 11451, Riyadh, 11587, Saudi Arabia.
Zaman K; Department of Economics, University of Haripur, Haripur, Khyber Pakhtunkhwa, Pakistan. khalid_.
Abro MMQ; Department of Management, College of Business Administration, King Saud University, P.O. Box 71115, Riyadh, 11587, Saudi Arabia.
Kabbani A; Department of Management, Aleppo University, Aleppo, Syria.
Źródło:
Environmental science and pollution research international [Environ Sci Pollut Res Int] 2021 Jul; Vol. 28 (26), pp. 34328-34343. Date of Electronic Publication: 2021 Mar 01.
Typ publikacji:
Journal Article
Język:
English
Imprint Name(s):
Publication: <2013->: Berlin : Springer
Original Publication: Landsberg, Germany : Ecomed
MeSH Terms:
Carbon*
Nuclear Energy*
Carbon Dioxide/analysis ; Costs and Cost Analysis ; Economic Development ; Paris ; Renewable Energy
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Grant Information:
RSP-2020/167 King Saud University
Contributed Indexing:
Keywords: Carbon damages; Carbon pricing; Dynamic panel GMM; Environmental Kuznets curve; FDI inflows; Nuclear energy demand
Substance Nomenclature:
142M471B3J (Carbon Dioxide)
7440-44-0 (Carbon)
Entry Date(s):
Date Created: 20210302 Date Completed: 20210714 Latest Revision: 20210714
Update Code:
20240105
DOI:
10.1007/s11356-021-12966-y
PMID:
33650051
Czasopismo naukowe
The Paris agreement (COP21) emphasized the need to progress toward using low-carbon energy technologies, including nuclear power, that is favorably looked for to meet the challenges to reduce an enormous increase in global temperature to below 2 °C. The cost of carbon pollution is highly induced by the energy sector that damages the global environmental sustainability plan. The alternative and nuclear energy demand is an optimized solution to decrease carbon damages, which can be better work under the imposition of carbon taxes on polluting industries. This study works in a given direction to analyze the role of alternative and nuclear energy, carbon pricing, FDI inflows, fossil fuel combustion, economic growth, and population density on the cost of carbon pollution in a panel of 90 selected countries for a period of 1995-2018. The results confirmed a "nuclear energy-augmented environmental Kuznets curve" with a turning point of 39.974% of total energy demand across countries. The result implies that alternative and nuclear energy initially increases carbon damages. Simultaneously, it decreases at the later stages of atomic energy expansion; thus, nuclear power growth is imperative for long-term sustainable development. A positive relationship is found between carbon pricing and carbon damage, while a negative relationship is between fossil fuel combustion and carbon damage across countries. The results conclude that expansion in nuclear energy would help reduce the cost of carbon pollution to achieve environmental sustainability agenda across countries.
(© 2021. The Author(s), under exclusive licence to Springer-Verlag GmbH, DE part of Springer Nature.)

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