The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy
ABSTRACT In the pursuit of sustainable development, the escalating challenges of global environmental pollution and the imperative to mitigate energy intensity stand as paramount concerns. As a result, this study aims to construct a comprehensive framework that acknowledges the interplay between ene...
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| Format: | Article |
| Language: | English |
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Wiley
2025-01-01
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| Series: | Asia & the Pacific Policy Studies |
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| Online Access: | https://doi.org/10.1002/app5.70002 |
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| author | Xuying Zhu Hadi Hussain Song Fang |
| author_facet | Xuying Zhu Hadi Hussain Song Fang |
| author_sort | Xuying Zhu |
| collection | DOAJ |
| description | ABSTRACT In the pursuit of sustainable development, the escalating challenges of global environmental pollution and the imperative to mitigate energy intensity stand as paramount concerns. As a result, this study aims to construct a comprehensive framework that acknowledges the interplay between energy intensity, the stringency of environmental policies, and the integration of renewable energy within BRICS nations. Utilizing a panel dataset covering the years 1991–2021, this study employs a range of econometric methods such as cross‐sectional dependence tests, second‐generation unit root tests, and panel co‐integration analysis. The results reveal the pivotal roles of energy intensity, the integration of renewable energy sources, and the enforcement of stringent environmental policies in mitigating carbon emissions. Additional analysis indicates that the impact of energy intensity in lowering carbon emissions is strengthened when institutional quality and research and development capabilities reach a certain threshold, thereby offsetting the impact of openness. In accordance, the present study suggests adopting a versatile and inclusive policy approach to effectively decrease carbon emissions, providing insights for policymakers in crafting climate change mitigation strategies and fostering sustainable development. |
| format | Article |
| id | doaj-art-b917c842f3f44dee9754ce3da52d141a |
| institution | Kabale University |
| issn | 2050-2680 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Asia & the Pacific Policy Studies |
| spelling | doaj-art-b917c842f3f44dee9754ce3da52d141a2025-01-31T08:45:15ZengWileyAsia & the Pacific Policy Studies2050-26802025-01-01121n/an/a10.1002/app5.70002The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental PolicyXuying Zhu0Hadi Hussain1Song Fang2School of Economics and Management Lanzhou City University Lanzhou ChinaSchool of Economics and Finance Xian Jiaotong University Xian ChinaDepartment of Robotics Xian Jiaotong University Xian ChinaABSTRACT In the pursuit of sustainable development, the escalating challenges of global environmental pollution and the imperative to mitigate energy intensity stand as paramount concerns. As a result, this study aims to construct a comprehensive framework that acknowledges the interplay between energy intensity, the stringency of environmental policies, and the integration of renewable energy within BRICS nations. Utilizing a panel dataset covering the years 1991–2021, this study employs a range of econometric methods such as cross‐sectional dependence tests, second‐generation unit root tests, and panel co‐integration analysis. The results reveal the pivotal roles of energy intensity, the integration of renewable energy sources, and the enforcement of stringent environmental policies in mitigating carbon emissions. Additional analysis indicates that the impact of energy intensity in lowering carbon emissions is strengthened when institutional quality and research and development capabilities reach a certain threshold, thereby offsetting the impact of openness. In accordance, the present study suggests adopting a versatile and inclusive policy approach to effectively decrease carbon emissions, providing insights for policymakers in crafting climate change mitigation strategies and fostering sustainable development.https://doi.org/10.1002/app5.70002BRICScarbon emissionsenergy intensityenvironmental policyquantile regression |
| spellingShingle | Xuying Zhu Hadi Hussain Song Fang The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy Asia & the Pacific Policy Studies BRICS carbon emissions energy intensity environmental policy quantile regression |
| title | The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy |
| title_full | The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy |
| title_fullStr | The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy |
| title_full_unstemmed | The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy |
| title_short | The BRICS Nations Framework for Curbing Carbon Emissions: Evidence From Energy Intensity, Renewable Energy, and Environmental Policy |
| title_sort | brics nations framework for curbing carbon emissions evidence from energy intensity renewable energy and environmental policy |
| topic | BRICS carbon emissions energy intensity environmental policy quantile regression |
| url | https://doi.org/10.1002/app5.70002 |
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