The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD Countries
This research aims to test the impact of environmental taxes on pollution emissions in 38 OECD countries from 1995 to 2022. The study used an econometric strategy of panel data (FMOLS, DOLS, quantile regression, and the GMM system). The variable of environmental taxes showed a negative externality b...
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MDPI AG
2025-05-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/18/10/2543 |
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| author | Nuno Carlos Leitão |
| author_facet | Nuno Carlos Leitão |
| author_sort | Nuno Carlos Leitão |
| collection | DOAJ |
| description | This research aims to test the impact of environmental taxes on pollution emissions in 38 OECD countries from 1995 to 2022. The study used an econometric strategy of panel data (FMOLS, DOLS, quantile regression, and the GMM system). The variable of environmental taxes showed a negative externality between taxation and carbon dioxide emissions, reflecting that taxation stimulated an increase in carbon dioxide emissions. The econometric results also indicate that renewable energy and trade aim to decrease pollution emissions, improving environmental degradation. |
| format | Article |
| id | doaj-art-228d699d0c7e459f9db8104e655eced1 |
| institution | OA Journals |
| issn | 1996-1073 |
| language | English |
| publishDate | 2025-05-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj-art-228d699d0c7e459f9db8104e655eced12025-08-20T01:56:19ZengMDPI AGEnergies1996-10732025-05-011810254310.3390/en18102543The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD CountriesNuno Carlos Leitão0School of Management and Technology, Santarém Polytechnic University, Complexo Andaluz, Apartado 295, 2001-904 Santarém, PortugalThis research aims to test the impact of environmental taxes on pollution emissions in 38 OECD countries from 1995 to 2022. The study used an econometric strategy of panel data (FMOLS, DOLS, quantile regression, and the GMM system). The variable of environmental taxes showed a negative externality between taxation and carbon dioxide emissions, reflecting that taxation stimulated an increase in carbon dioxide emissions. The econometric results also indicate that renewable energy and trade aim to decrease pollution emissions, improving environmental degradation.https://www.mdpi.com/1996-1073/18/10/2543environmental taxespollution emissionspanel data |
| spellingShingle | Nuno Carlos Leitão The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD Countries Energies environmental taxes pollution emissions panel data |
| title | The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD Countries |
| title_full | The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD Countries |
| title_fullStr | The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD Countries |
| title_full_unstemmed | The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD Countries |
| title_short | The Impact of Environmental Taxes and Renewable Energy on Carbon Dioxide Emissions in OECD Countries |
| title_sort | impact of environmental taxes and renewable energy on carbon dioxide emissions in oecd countries |
| topic | environmental taxes pollution emissions panel data |
| url | https://www.mdpi.com/1996-1073/18/10/2543 |
| work_keys_str_mv | AT nunocarlosleitao theimpactofenvironmentaltaxesandrenewableenergyoncarbondioxideemissionsinoecdcountries AT nunocarlosleitao impactofenvironmentaltaxesandrenewableenergyoncarbondioxideemissionsinoecdcountries |