Public budgets for energy RD&D and the effects on energy intensity and pollution levels

This study, based on the N-shaped cubic model of the environmental Kuznets curve, analyzes the evolution of per capita greenhouse gas emissions (GHGpc) using not just economic growth but also public budgets dedicated to energy-oriented research development and demonstration (RD&D) and energy int...

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Published in:Environmental science and pollution research international 2015-04, Vol.22 (7), p.4881-4892
Main Authors: Balsalobre, Daniel, Álvarez, Agustín, Cantos, José María
Format: Article
Language:English
Subjects:
Air pollution
Aquatic Pollution
Atmospheric Pollutants in a Changing Environment
Atmospheric Protection/Air Quality Control/Air Pollution
Budgets
Conservation of Energy Resources
Earth and Environmental Science
econometric models
Econometrics
Economic development
Economic growth
Economics
Ecotoxicology
Emissions
Energy
Energy consumption
Energy industry
Energy policy
Environment
Environmental changes
Environmental Chemistry
Environmental Health
Environmental impact
Environmental Kuznets curve
environmental models
Environmental policy
Environmental Pollution - analysis
Environmental Pollution - economics
Environmental Pollution - prevention & control
Environmental quality
Environmental science
Evolution
GDP
Greenhouse Effect
greenhouse gas emissions
Greenhouse gases
Gross Domestic Product
Growth models
Impact analysis
Innovations
issues and policy
Mathematical models
Models, Theoretical
Per capita
pollution
Pollution levels
Pollution studies
Public sector
R&D
Research & development
Research - economics
research and development
Sustainable development
Technological change
Waste Water Technology
Water Management
Water Pollution Control
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description This study, based on the N-shaped cubic model of the environmental Kuznets curve, analyzes the evolution of per capita greenhouse gas emissions (GHGpc) using not just economic growth but also public budgets dedicated to energy-oriented research development and demonstration (RD&D) and energy intensity. The empirical evidence, obtained from an econometric model of fixed effects for 28 OECD countries during 1994–2010, suggests that energy innovations help reduce GHGpc levels and mitigate the negative impact of energy intensity on environmental quality. When countries develop active energy RD&D policies, they can reduce both the rates of energy intensity and the level of GHGpc emissions. This paper incorporates a moderating variable to the econometric model that emphasizes the effect that GDP has on energy intensity. It also adds a variable that reflects the difference between countries that have made a greater economic effort in energy RD&D, which in turn corrects the GHG emissions resulting from the energy intensity of each country.
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The empirical evidence, obtained from an econometric model of fixed effects for 28 OECD countries during 1994–2010, suggests that energy innovations help reduce GHGpc levels and mitigate the negative impact of energy intensity on environmental quality. When countries develop active energy RD&amp;D policies, they can reduce both the rates of energy intensity and the level of GHGpc emissions. This paper incorporates a moderating variable to the econometric model that emphasizes the effect that GDP has on energy intensity. 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subjects Air pollution
Aquatic Pollution
Atmospheric Pollutants in a Changing Environment
Atmospheric Protection/Air Quality Control/Air Pollution
Budgets
Conservation of Energy Resources
Earth and Environmental Science
econometric models
Econometrics
Economic development
Economic growth
Economics
Ecotoxicology
Emissions
Energy
Energy consumption
Energy industry
Energy policy
Environment
Environmental changes
Environmental Chemistry
Environmental Health
Environmental impact
Environmental Kuznets curve
environmental models
Environmental policy
Environmental Pollution - analysis
Environmental Pollution - economics
Environmental Pollution - prevention & control
Environmental quality
Environmental science
Evolution
GDP
Greenhouse Effect
greenhouse gas emissions
Greenhouse gases
Gross Domestic Product
Growth models
Impact analysis
Innovations
issues and policy
Mathematical models
Models, Theoretical
Per capita
pollution
Pollution levels
Pollution studies
Public sector
R&D
Research & development
Research - economics
research and development
Sustainable development
Technological change
Waste Water Technology
Water Management
Water Pollution Control
title Public budgets for energy RD&D and the effects on energy intensity and pollution levels
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