The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regression
Climate change poses a pressing and urgent peril to the overall welfare of the planet, with far-reaching implications for human livelihoods. The aim of this research is to explore the influence of environmental technologies, environmental taxes, and FDI in B&R economies on increasing renewable e...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2023-11-01
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| Series: | Energy Strategy Reviews |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2211467X23002080 |
| _version_ | 1797435783846559744 |
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| author | Rizwana Yasmeen Gang Hao Yusen Ye Wasi Ul Hassan Shah Muhammad Abdul Kamal |
| author_facet | Rizwana Yasmeen Gang Hao Yusen Ye Wasi Ul Hassan Shah Muhammad Abdul Kamal |
| author_sort | Rizwana Yasmeen |
| collection | DOAJ |
| description | Climate change poses a pressing and urgent peril to the overall welfare of the planet, with far-reaching implications for human livelihoods. The aim of this research is to explore the influence of environmental technologies, environmental taxes, and FDI in B&R economies on increasing renewable energy use and lowering ecological footprints. It also strives to examine how the quality of governance in B&R nations affects the promotion of these environmental initiatives. This study presents interesting results by employing a unique Method of Moments Quantile Regression approach for the period from 1996 to 2018. This highlights the government's ability to effectively utilize environmental technologies and implement a streamlined taxation system, bolstering the renewable energy industry and addressing environmental concerns. Moreover, the study highlights the beneficial impact of governmental initiatives in attracting environmentally friendly investments in the renewable energy sector. However, significant reforms are necessary to execute taxation policies efficiently and offer strong backing for technological progress in the renewable energy industry, aiming to decrease carbon emissions substantially. The findings suggest a need for policy recommendations to increase renewable energy consumption and rectify ecological imbalances, with a focus on matching government goals and reforms associated with environmental taxation and technology. |
| first_indexed | 2024-03-09T10:52:01Z |
| format | Article |
| id | doaj.art-058060e3d79c4b69a2e3c7d9cad55b69 |
| institution | Directory Open Access Journal |
| issn | 2211-467X |
| language | English |
| last_indexed | 2024-03-09T10:52:01Z |
| publishDate | 2023-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Strategy Reviews |
| spelling | doaj.art-058060e3d79c4b69a2e3c7d9cad55b692023-12-01T05:01:40ZengElsevierEnergy Strategy Reviews2211-467X2023-11-0150101258The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regressionRizwana Yasmeen0Gang Hao1Yusen Ye2Wasi Ul Hassan Shah3Muhammad Abdul Kamal4School of Economics and Management, Panzhihua University, Panzhihua, 617000, Sichuan, ChinaDepartment of Management Science, City University of Hong Kong, Hong Kong, 999077, ChinaInstitute for Disaster Management and Reconstruction, Sichuan University, Chengdu, 610017, ChinaSchool of Management, Zhejiang Shuren University, Hangzhou, China; Corresponding author.Department of Economics, Abdul Wali Khan University, Mardan, 23200, PakistanClimate change poses a pressing and urgent peril to the overall welfare of the planet, with far-reaching implications for human livelihoods. The aim of this research is to explore the influence of environmental technologies, environmental taxes, and FDI in B&R economies on increasing renewable energy use and lowering ecological footprints. It also strives to examine how the quality of governance in B&R nations affects the promotion of these environmental initiatives. This study presents interesting results by employing a unique Method of Moments Quantile Regression approach for the period from 1996 to 2018. This highlights the government's ability to effectively utilize environmental technologies and implement a streamlined taxation system, bolstering the renewable energy industry and addressing environmental concerns. Moreover, the study highlights the beneficial impact of governmental initiatives in attracting environmentally friendly investments in the renewable energy sector. However, significant reforms are necessary to execute taxation policies efficiently and offer strong backing for technological progress in the renewable energy industry, aiming to decrease carbon emissions substantially. The findings suggest a need for policy recommendations to increase renewable energy consumption and rectify ecological imbalances, with a focus on matching government goals and reforms associated with environmental taxation and technology.http://www.sciencedirect.com/science/article/pii/S2211467X23002080Renewable energyEcological footprintEnvironmental technologiesEnvironmental taxGovernment quality |
| spellingShingle | Rizwana Yasmeen Gang Hao Yusen Ye Wasi Ul Hassan Shah Muhammad Abdul Kamal The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regression Energy Strategy Reviews Renewable energy Ecological footprint Environmental technologies Environmental tax Government quality |
| title | The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regression |
| title_full | The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regression |
| title_fullStr | The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regression |
| title_full_unstemmed | The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regression |
| title_short | The role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies: A methods of Moment's quantile regression |
| title_sort | role of governance quality on mobilizing environmental technology and environmental taxations for renewable energy and ecological sustainability in belt and road economies a methods of moment s quantile regression |
| topic | Renewable energy Ecological footprint Environmental technologies Environmental tax Government quality |
| url | http://www.sciencedirect.com/science/article/pii/S2211467X23002080 |
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