With the expanding discussion over climate change mitigation, the shift to clean energy is a crucial challenge. The intricate structure of the nuclear energy-emissions nexus renders predicting whether nuclear acts as a green source of energy problematic. Hence, this study evaluates the effect of nuclear and renewable energy consumption on ecological quality proxied by carbon dioxide (CO2) emissions, ecological footprint (EF), and load capacity factor (LCF) by considering the role of financial development and economic growth. In this context, the United States (the US) is selected as the country example because of the leading position in nuclear energy production and consumption in the world; quarterly data from 1965/Q1 to 2018/Q4 is used; and novel Bootstrap Fourier Granger Causality in Quantile approach (Cheng et al., 2021) is applied. The main novelty of this approach is to examine the causality effect in a more detailed and flexible way. Whereas the traditional Granger test provides information about only conditional mean causality, this approach presents information about a tail causal relation or non-linear causalities. The empirical outcomes show that nuclear energy, renewable energy, and financial development lessen ecological deterioration in middle and higher tails while economic growth affects ecological quality negatively in higher quantiles. Thus, findings highlight governmental measures that favor nuclear energy transition and ecological sustainability to achieve and sustain a better environmental quality. 

Do nuclear energy and renewable energy surge environmental quality in the United States? New insights from novel bootstrap Fourier Granger causality in quantiles approach

Facilitating renewable energy transition, ecological innovations and stringent environmental policies to improve ecological sustainability: Evidence from MM-QR method

Linking nuclear energy, human development and carbon emission in BRICS region: Do external debt and financial globalization protect the environment?

ABSTRACT The Nordic nations have yet to significantly contribute to achieving Sustainable Development Goals (SDG) 7 and 13. This predicament might be attributed to fundamental financialization concerns in these nations and renewable energy generation implementation issues. The Nordic nations are fighting to reduce CO2 emissions as a result of these two situations. Dealing with this problem may necessitate a policy shift, which represents the focus of this research. Utilizing data from 1980 to 2020, we analyze the heterogeneous impacts of financial development and renewable energy on CO2 emissions using advanced panel and time-series methodologies. The advantage of the wavelet tools (wavelet coherence, partial wavelet and multiple wavelet techniques) is that they help to capture policy initiatives at different frequencies, i.e., short, medium and long-term. Our empirical outcomes from the CS-ARDL show that both financial development and renewable energy decrease CO2 emissions in the short and long term. Furthermore, the outcomes of the wavelet coherence show negative co-movement between CO2 and renewable energy in each Nordic nation except for Iceland with renewable energy driving CO2 in all frequencies. Additionally, financial development enhances the ‘CO2 emissions-renewable energy consumption’ association, but in the short term, it has no stimulating effect. These findings lead to the recommendation of an SDG-oriented policy framework. While this policy agenda is designed to achieve SDGs 7 and 13, it may also be applied to other nations. The study recommends that the Nordic countries implement measures to boost renewable energy supply through enhanced renewable energy technologies. Abbreviations: ASEAN: Association of Southeast Asian Nations; BRICS: Brazil, Russia, India, China and South Africa; CO2 : Carbon Emissions; CS-ARDL: Cross Sectional Autoregressive Distributed Lag Model; FD: Financial Development; PMG-ARDL: Pool Mean Group Autoregressive Lag Model; VAR: Vector Autoregressive; VECM: Vector Error Corrected Model; MINT: Mexico, Indonesia, Nigeria and Turkey; REC: Renewable Energy; SDG: Sustainable Development Goal; SD: Sustainable Development

The role of renewable energy consumption and financial development in environmental sustainability: implications for the Nordic Countries

Renewable Energy Consumption and Environmental Sustainability in Canada: Does Political Stability Make a Difference?

Do renewable energy consumption and financial globalisation contribute to ecological sustainability in newly industrialized countries?

Handle everyday research tasks with reliable, citation-backed results

Your personal Research Agent to handle research tasks with citation-backed results

Popular Tasks used by Researchers

How can I help with your research?

Meet SciSpace

Get more enhanced response by uploading the PDFs you want me to reference.

No relevant PDFs in your library

SciSpace is the AI research assistant for academics. Run systematic literature reviews on 280M+ papers, and write papers with cited sources. Trusted by 1M+ students, PhDs & researchers.

SciSpace | AI for Research

Analyze PDFs

Code & Manuscripts

Funding & Grants

Literature & Patents

Medical & Clinical Data

Systematic Review

Visualize & Present

Web & Data

Build a Google Scholar-like website for your research.

Build a website

Create charts and images for your research

Create a Chart

Write a paper for submission to a journal

Draft a manuscript

Patent Search

Design eye-catching scientific posters in minutes.

Scientific Poster Generation

Systematic Literature Review

One task is running at the moment. Your messages will be shown right after.

Drag and drop or click here to browse

Loved by <highlight>1 million+</highlight> researchers

Extract a list of specific topics and their sources from unstructured text

Topics

Compare and analyze relevant papers that matches with your search

Papers

Get insights from PDFs and bookmarked papers from your library

My library

Recent searches

Try searching for:

Catch AI-generated content in scholarly and non-scholarly content

{ai} Detector

Ai Writer

Get PDF Summaries, highlighted text explanations 

Chat with PDF

Effortlessly create in-text citations and bibliographies in APA and 2,500 other formats

Citation generator

Get explanations, summaries, and answers on academic papers

Ease up your research workflow with {scispace}'s cohort of exciting AI tools

Elevate your academic writing skills and convey your ideas the way you want

Paraphraser

Explore our range of reading and writing tools

Your file is being prepared and should be ready in a few minutes. If it's a large file, it might take a bit longer. You can close this window, and we'll email you the file when it's done.

You have reached a maximum limit of <strong>{limit}</strong> columns in the table. Remove at least <strong>1</strong> column to add or create another one.

Giulio Ferroni

Author Tools

Chat about Author

Papers

Do renewable energy consumption and financial globalisation contribute to ecological sustainability in newly industrialized countries?