LAPSE:2023.13790
Published Article

LAPSE:2023.13790
Do Nuclear Energy, Renewable Energy, and Environmental-Related Technologies Asymmetrically Reduce Ecological Footprint? Evidence from Pakistan
March 1, 2023
Abstract
Can Pakistan’s environmental-related technologies (ERT) and nuclear and renewable energy mitigate environmental pollution? As global warming and climate change rise dramatically, economies shift to friendly energy substitutions and eco-friendly technologies, contributing to the mitigation of environmental contamination. In this scenario, policy and academic analysts have paid more concentration to renewable and nuclear energy deployment with ERT installation. To achieve this goal, the present study scrutinizes the asymmetric effects of nuclear energy, renewable energy, and ERT on the ecological footprint of Pakistan. The current research applies a novel non-linear autoregressive distributive lag method from 1991 to 2020. The results of the current analysis show that negative changes in nuclear energy increase emissions levels in the long run, while positive and negative changes in renewable energy deployment significantly overcome the burden on the environment. Similarly, positive and negative changes in ERT reduce pollution levels in the long run. Moreover, these long-run outcomes are analogous to short-run findings for Pakistan. Therefore, there is a dire requirement to increase the consumption of renewable and nuclear energy sources and take advantage of the noteworthy impact of an uncontaminated atmosphere through clean ERT potentials.
Can Pakistan’s environmental-related technologies (ERT) and nuclear and renewable energy mitigate environmental pollution? As global warming and climate change rise dramatically, economies shift to friendly energy substitutions and eco-friendly technologies, contributing to the mitigation of environmental contamination. In this scenario, policy and academic analysts have paid more concentration to renewable and nuclear energy deployment with ERT installation. To achieve this goal, the present study scrutinizes the asymmetric effects of nuclear energy, renewable energy, and ERT on the ecological footprint of Pakistan. The current research applies a novel non-linear autoregressive distributive lag method from 1991 to 2020. The results of the current analysis show that negative changes in nuclear energy increase emissions levels in the long run, while positive and negative changes in renewable energy deployment significantly overcome the burden on the environment. Similarly, positive and negative changes in ERT reduce pollution levels in the long run. Moreover, these long-run outcomes are analogous to short-run findings for Pakistan. Therefore, there is a dire requirement to increase the consumption of renewable and nuclear energy sources and take advantage of the noteworthy impact of an uncontaminated atmosphere through clean ERT potentials.
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Keywords
ecological footprint, environmental-related technologies, NARDL model, nuclear energy, Pakistan, Renewable and Sustainable Energy
Subject
Suggested Citation
Usman M, Jahanger A, Radulescu M, Balsalobre-Lorente D. Do Nuclear Energy, Renewable Energy, and Environmental-Related Technologies Asymmetrically Reduce Ecological Footprint? Evidence from Pakistan. (2023). LAPSE:2023.13790
Author Affiliations
Usman M: Institute for Region and Urban-Rural Development, Center for Industrial Development and Regional Competitiveness, Wuhan University, Wuhan 430072, China [ORCID]
Jahanger A: School of Economics, Hainan University, Haikou 570228, China; Institute of Open Economy, Haikou 570228, China [ORCID]
Radulescu M: Department of Finance, Accounting and Economics, University of Pitesti, 110040 Pitesti, Romania; Institute for Doctoral and Post-Doctoral Studies, University “Lucian Blaga” Sibiu, 550024 Sibiu, Romania
Balsalobre-Lorente D: Department of Political Economy and Public Finance, Economic and Business Statistics and Economic Policy, University of Castilla-La Mancha, 13001 Ciudad Real, Spain; Department of Applied Economics, University of Alicante, 03690 Alicante, Spain [ORCID]
Jahanger A: School of Economics, Hainan University, Haikou 570228, China; Institute of Open Economy, Haikou 570228, China [ORCID]
Radulescu M: Department of Finance, Accounting and Economics, University of Pitesti, 110040 Pitesti, Romania; Institute for Doctoral and Post-Doctoral Studies, University “Lucian Blaga” Sibiu, 550024 Sibiu, Romania
Balsalobre-Lorente D: Department of Political Economy and Public Finance, Economic and Business Statistics and Economic Policy, University of Castilla-La Mancha, 13001 Ciudad Real, Spain; Department of Applied Economics, University of Alicante, 03690 Alicante, Spain [ORCID]
Journal Name
Energies
Volume
15
Issue
9
First Page
3448
Year
2022
Publication Date
2022-05-09
ISSN
1996-1073
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PII: en15093448, Publication Type: Journal Article
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LAPSE:2023.13790
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