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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Main Author: Nuno Carlos Leitão
Format: Article
Language:English
Published: MDPI AG 2025-05-01
Series:Energies
Subjects:
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.
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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