CO(2) behavior amidst the COVID-19 pandemic in the United Kingdom: The role of renewable and non-renewable energy development

英国新冠疫情期间二氧化碳排放行为:可再生能源和不可再生能源发展的作用

阅读:2

Abstract

The spread of the COVID-19 pandemic since the end of 2019 has forced an unprecedented lockdown worldwide, and environmental quality was significantly affected by the pandemic and its induced lockdown. The objective of this study is to examine the role of renewable energy, non-renewable energy and COVID-19 case on CO(2) emission in the context of United Kingdom. Several non-linear techniques such as Fourier ADL cointegration test, Non-Linear ARDL, Markov switching regression, and Breitung and Candelon (BC) causality test are employed to attain this objective. The result reveals that there is long run cointegration among the variables in this study. The results demonstrate that positive (negative) shift in renewable energy development decrease (increase) CO(2) emissions while positive (negative) shocks in fossil fuel energy increase CO(2) emissions. Moreover, negative (positive) variation in COVID case leads to a decrease (increase) in CO(2) emissions. Moreover, an uni-directional causal impact was found to run from all the variables - renewable energy, fossil fuel, and COVID-19 case to CO(2) emissions. Finally, several policy recommendations are provided.

特别声明

1、本页面内容包含部分的内容是基于公开信息的合理引用;引用内容仅为补充信息,不代表本站立场。

2、若认为本页面引用内容涉及侵权,请及时与本站联系,我们将第一时间处理。

3、其他媒体/个人如需使用本页面原创内容,需注明“来源:[生知库]”并获得授权;使用引用内容的,需自行联系原作者获得许可。

4、投稿及合作请联系:info@biocloudy.com。