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Renewable Energy Consumption and Environmental Sustainability in Canada: Does Political Stability Make a Difference?
Energy is unquestionably necessary for economic progress; nevertheless, it also produces CO 2 emissions, which are the primary cause of climate change and environmental degradation. Renewable energy, which consists of non-carbohydrate energy sources that do not or seldom emit emissions, can assist t...
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Published in: | Environmental science and pollution research international 2022-08, Vol.29 (40), p.61307-61322 |
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container_title | Environmental science and pollution research international |
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creator | Adebayo, Tomiwa Sunday |
description | Energy is unquestionably necessary for economic progress; nevertheless, it also produces CO
2
emissions, which are the primary cause of climate change and environmental degradation. Renewable energy, which consists of non-carbohydrate energy sources that do not or seldom emit emissions, can assist the accomplishment of both ecological sustainability and sustainable development in this respect. Against this background, this paper takes into account political risk and assesses the impact of renewable energy use on CO
2
emissions in Canada from 1990 to 2018 controlling economic growth and trade globalization. The present research utilized an innovative dynamic ARDL method that overcomes the limitations of the ARDL method. The results revealed significant evidence of cointegration. In the long run, we established that a surge in economic growth, political risk, renewable energy use, and trade globalization mitigates environmental degradation. Furthermore, the outcomes of the frequency domain causality disclosed that in the long term, economic growth, political risk, renewable energy use, and trade globalization can predict CO
2
emissions in Canada. Since the political stability in Canada has helped to attract foreign firms to invest. Therefore, ensuring political stability will bring in more foreign investment, forcing the Canadian government to take its climate crisis problem more seriously. |
doi_str_mv | 10.1007/s11356-022-20008-4 |
format | article |
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2
emissions, which are the primary cause of climate change and environmental degradation. Renewable energy, which consists of non-carbohydrate energy sources that do not or seldom emit emissions, can assist the accomplishment of both ecological sustainability and sustainable development in this respect. Against this background, this paper takes into account political risk and assesses the impact of renewable energy use on CO
2
emissions in Canada from 1990 to 2018 controlling economic growth and trade globalization. The present research utilized an innovative dynamic ARDL method that overcomes the limitations of the ARDL method. The results revealed significant evidence of cointegration. In the long run, we established that a surge in economic growth, political risk, renewable energy use, and trade globalization mitigates environmental degradation. Furthermore, the outcomes of the frequency domain causality disclosed that in the long term, economic growth, political risk, renewable energy use, and trade globalization can predict CO
2
emissions in Canada. Since the political stability in Canada has helped to attract foreign firms to invest. Therefore, ensuring political stability will bring in more foreign investment, forcing the Canadian government to take its climate crisis problem more seriously.</description><identifier>ISSN: 0944-1344</identifier><identifier>EISSN: 1614-7499</identifier><identifier>DOI: 10.1007/s11356-022-20008-4</identifier><identifier>PMID: 35441293</identifier><language>eng</language><publisher>Berlin/Heidelberg: Springer Berlin Heidelberg</publisher><subject>Alternative energy ; Aquatic Pollution ; Atmospheric Protection/Air Quality Control/Air Pollution ; Canada ; Carbohydrates ; Carbon dioxide ; Carbon dioxide emissions ; climate ; Climate change ; domain ; Earth and Environmental Science ; Economic development ; Economic growth ; Economics ; Ecotoxicology ; Emissions ; energy ; Energy consumption ; Energy sources ; Environment ; Environmental Chemistry ; Environmental degradation ; Environmental Health ; Environmental impact ; Environmental science ; Globalization ; International financing ; Political factors ; Political risk ; Politics ; Renewable energy ; renewable energy sources ; Renewable resources ; Research Article ; risk ; Stability ; Sustainability ; Sustainable development ; Time series ; trade ; Waste Water Technology ; Water Management ; Water Pollution Control</subject><ispartof>Environmental science and pollution research international, 2022-08, Vol.29 (40), p.61307-61322</ispartof><rights>The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2022</rights><rights>2022. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.</rights><rights>The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2022.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c457t-fae09bb21884beca30e347b56b9127866766b87eeed8f4ed52bafc78a454fbcf3</citedby><cites>FETCH-LOGICAL-c457t-fae09bb21884beca30e347b56b9127866766b87eeed8f4ed52bafc78a454fbcf3</cites><orcidid>0000-0003-0094-1778</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.proquest.com/docview/2708094356/fulltextPDF?pq-origsite=primo$$EPDF$$P50$$Gproquest$$H</linktopdf><linktohtml>$$Uhttps://www.proquest.com/docview/2708094356?pq-origsite=primo$$EHTML$$P50$$Gproquest$$H</linktohtml><link.rule.ids>314,776,780,11667,27901,27902,36037,36038,44339,74638</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/35441293$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Adebayo, Tomiwa Sunday</creatorcontrib><title>Renewable Energy Consumption and Environmental Sustainability in Canada: Does Political Stability Make a Difference?</title><title>Environmental science and pollution research international</title><addtitle>Environ Sci Pollut Res</addtitle><addtitle>Environ Sci Pollut Res Int</addtitle><description>Energy is unquestionably necessary for economic progress; nevertheless, it also produces CO
2
emissions, which are the primary cause of climate change and environmental degradation. Renewable energy, which consists of non-carbohydrate energy sources that do not or seldom emit emissions, can assist the accomplishment of both ecological sustainability and sustainable development in this respect. Against this background, this paper takes into account political risk and assesses the impact of renewable energy use on CO
2
emissions in Canada from 1990 to 2018 controlling economic growth and trade globalization. The present research utilized an innovative dynamic ARDL method that overcomes the limitations of the ARDL method. The results revealed significant evidence of cointegration. In the long run, we established that a surge in economic growth, political risk, renewable energy use, and trade globalization mitigates environmental degradation. Furthermore, the outcomes of the frequency domain causality disclosed that in the long term, economic growth, political risk, renewable energy use, and trade globalization can predict CO
2
emissions in Canada. Since the political stability in Canada has helped to attract foreign firms to invest. 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2
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2
emissions in Canada from 1990 to 2018 controlling economic growth and trade globalization. The present research utilized an innovative dynamic ARDL method that overcomes the limitations of the ARDL method. The results revealed significant evidence of cointegration. In the long run, we established that a surge in economic growth, political risk, renewable energy use, and trade globalization mitigates environmental degradation. Furthermore, the outcomes of the frequency domain causality disclosed that in the long term, economic growth, political risk, renewable energy use, and trade globalization can predict CO
2
emissions in Canada. Since the political stability in Canada has helped to attract foreign firms to invest. Therefore, ensuring political stability will bring in more foreign investment, forcing the Canadian government to take its climate crisis problem more seriously.</abstract><cop>Berlin/Heidelberg</cop><pub>Springer Berlin Heidelberg</pub><pmid>35441293</pmid><doi>10.1007/s11356-022-20008-4</doi><tpages>16</tpages><orcidid>https://orcid.org/0000-0003-0094-1778</orcidid></addata></record> |
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subjects | Alternative energy Aquatic Pollution Atmospheric Protection/Air Quality Control/Air Pollution Canada Carbohydrates Carbon dioxide Carbon dioxide emissions climate Climate change domain Earth and Environmental Science Economic development Economic growth Economics Ecotoxicology Emissions energy Energy consumption Energy sources Environment Environmental Chemistry Environmental degradation Environmental Health Environmental impact Environmental science Globalization International financing Political factors Political risk Politics Renewable energy renewable energy sources Renewable resources Research Article risk Stability Sustainability Sustainable development Time series trade Waste Water Technology Water Management Water Pollution Control |
title | Renewable Energy Consumption and Environmental Sustainability in Canada: Does Political Stability Make a Difference? |
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