Dynamic Impact of Renewable and Non-Renewable Energy Consumption on Co2 Emission and Economic Growth in Saudi Arabia PDF Download
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Author: Hashem A. AlNemer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In this paper, we explore the co-movements between renewable and non-renewable energy sources and CO 2 emissions and GDP per capita in Saudi Arabia, respectively. Using the spectral Granger causality approach, our results suggested that non-renewable energy sources lead to carbon emission expansion in the frequency domain. Taken together, a significant causal relationship from fossil to economic growth is perceived over the long-term horizon while renewable energy source drives economic growth over different frequencies and considerably contributes to carbon emissions reduction. The wavelet plots revealed strong discrepancies in all variables in the time-frequency space. While non-renewable energy sources indorsed the economic growth across short-and medium-term scales and contribute to a polluted environment, renewable energy consumption has a substantial effect on carbon emission drop and on economic growth in the short-term. The multiple wavelet outcomes show that renewable energy may not only stimulate the economic growth but also promote sustainable and cleaner environment. The combined effects of non-renewable energy sources rise the carbon emissions. Thus, Saudi's government is counselled to promote the green energy investments and accelerate the transition to renewable energy production as its use as a substitute of fossil fuels carries advantages and opportunities alternating from environment to social-economic.
Author: Hashem A. AlNemer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In this paper, we explore the co-movements between renewable and non-renewable energy sources and CO 2 emissions and GDP per capita in Saudi Arabia, respectively. Using the spectral Granger causality approach, our results suggested that non-renewable energy sources lead to carbon emission expansion in the frequency domain. Taken together, a significant causal relationship from fossil to economic growth is perceived over the long-term horizon while renewable energy source drives economic growth over different frequencies and considerably contributes to carbon emissions reduction. The wavelet plots revealed strong discrepancies in all variables in the time-frequency space. While non-renewable energy sources indorsed the economic growth across short-and medium-term scales and contribute to a polluted environment, renewable energy consumption has a substantial effect on carbon emission drop and on economic growth in the short-term. The multiple wavelet outcomes show that renewable energy may not only stimulate the economic growth but also promote sustainable and cleaner environment. The combined effects of non-renewable energy sources rise the carbon emissions. Thus, Saudi's government is counselled to promote the green energy investments and accelerate the transition to renewable energy production as its use as a substitute of fossil fuels carries advantages and opportunities alternating from environment to social-economic.
Author: Nahed Taher
Publisher: Springer Science & Business Media
ISBN: 3319029827
Category : Political Science
Languages : en
Pages : 226
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Book Description
The vast oil resources in Saudi Arabia have for decades encouraged a generous system of oil subsidies, making the Kingdom one of the leading countries in the world with the cheapest domestic price of oil. Such subsidies have, however, encouraged inefficient utilization of oil, which is largely consumed in the power, water and transportation sectors, contributing substantially to CO2 emission in the country. These problems are exacerbated by demographic dynamics, urbanization, changes in income and consumption patterns, and industrialization. On current trends of domestic consumption patterns, Saudi Arabia will consume the whole of the oil it will produce by 2030, which will reflect negatively on the financial capacity of the government to execute its development programs. It is this revenue constraining concern, rather than ecological challenges, that has started to attract policy attention in Saudi Arabia. This book gives a unique perspective on these challenges by looking at them as investment opportunities, not financial constraints on the government budget. It sets out to examine the nature and extent of the energy and environmental challenges facing Saudi Arabia, and to explore various options for turning these challenges into profitable investment opportunities that could create jobs, boost income, develop capability in clean energy technology and promote environmental sustainability.
Author: Zerebruk Wolde
Publisher:
ISBN: 9783346189554
Category :
Languages : en
Pages : 100
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Book Description
Author: Xunpeng (Roc) Shi
Publisher: Frontiers Media SA
ISBN: 2889662454
Category : Technology & Engineering
Languages : en
Pages : 279
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Book Description
Author: Ansley Johnson Coale
Publisher: Princeton University Press
ISBN: 1400886694
Category : Social Science
Languages : en
Pages : 523
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Book Description
This volume summarizes the major findings of the Princeton European Fertility Project. The Project, begun in 1963, was a response to the realization that one of the great social revolutions of the last century, the remarkable decline in marital fertility in Europe, was still poorly understood. Originally published in 1986. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author: Burcu Özcan
Publisher: Academic Press
ISBN: 0128167963
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
Environmental Kuznets Curve (EKC): A Manual provides a comprehensive summary of the EKC, summarizing work on this economic tool that can analyze environmental pollution problems. By enabling users to reconcile environmental and economic development policies, Environmental Kuznets Curve studies lend themselves to the investigation of the energy-growth and finance-energy nexus. The book obviates a dependence on outmoded tools, such as carrying capacity, externalities, ecosystem valuation and cost benefit analysis, while also encouraging flexible approaches to a variety of challenges. - Provides a comprehensive summary of EKC studies, including advances in econometrics, literature reviews and historical perspectives - Outlines solutions to common problems in applying EKC techniques by reviewing major case studies - Explores frequently-utilized proxies for environmental quality
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author:
Publisher: Elsevier
ISBN: 0128131969
Category : Reference
Languages : en
Pages : 4238
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Book Description
Encyclopedia of Renewable and Sustainable Materials, Five Volume Set provides a comprehensive overview, covering research and development on all aspects of renewable, recyclable and sustainable materials. The use of renewable and sustainable materials in building construction, the automotive sector, energy, textiles and others can create markets for agricultural products and additional revenue streams for farmers, as well as significantly reduce carbon dioxide (CO2) emissions, manufacturing energy requirements, manufacturing costs and waste. This book provides researchers, students and professionals in materials science and engineering with tactics and information as they face increasingly complex challenges around the development, selection and use of construction and manufacturing materials. Covers a broad range of topics not available elsewhere in one resource Arranged thematically for ease of navigation Discusses key features on processing, use, application and the environmental benefits of renewable and sustainable materials Contains a special focus on sustainability that will lead to the reduction of carbon emissions and enhance protection of the natural environment with regard to sustainable materials
Author: Ansgar Hubertus Belke
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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Book Description
This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between developments on an international and a national level as drivers of the long-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international developments dominate the long-run relationship between energy consumption and real GDP. Furthermore, the results suggest that energy consumption is price-inelastic. Causality tests indicate the presence of a bi-directional.
Author: Sahbi Farhani
Publisher:
ISBN:
Category :
Languages : en
Pages : 18
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Book Description
This paper uses panel cointegration techniques to examine the causal relationship between renewable energy consumption, economic growth and CO2 emissions for a group of 12 MENA countries covering the annual period 1975-2008. The Granger-causality results indicate that there is no causal relationship between these variables in short run except a unidirectional causality running from renewable energy consumption to CO2 emissions. However, we find unidirectional causality running from economic growth and CO2 emissions to renewable energy consumption in long run. With panel FMOLS and DOLS estimates, we find that only CO2 emissions have an impact on renewable energy consumption. These results indicate that MENA countries don't find the best policy which can control the regulation of the renewable energy prices, which can help to take into account the stability in the economic growth structure, and which can also mitigate pollutant emissions.
