DOI QR코드

DOI QR Code

Does nuclear energy reduce consumption-based carbon emissions: The role of environmental taxes and trade globalization in highest carbon emitting countries

  • 투고 : 2023.06.15
  • 심사 : 2023.09.15
  • 발행 : 2024.01.25

초록

This research examined consumption-based carbon emission reduction by nuclear energy consumption and environmental tax while considering the context of trade globalization in the highest five emitter nations from 1990 to 2020. This study used various empirical methodologies, including preliminary analysis to check the stationarity and cointegration, the CS-ARDL for long-run analysis, CCEMG, AMG for robustness, and the D-H causality test for short-term pairwise causation. The results indicated that nuclear energy consumption, environmental tax, and trade globalization help to mitigate consumption-based carbon emissions while economic growth and population density boost carbon emissions. Furthermore, the results also found two-way casual connection exists between nuclear energy consumption, population density, and consumption-based carbon emissions. Thus, the results emphasize the need for government policies that encourage nuclear energy and environmental tax as a strategy to reduce carbon emissions and achieve and maintain environmental development.

키워드

과제정보

The work was supported by National Natural Science Foundation of China (Theory Reconstruction, Strategies and Policies of China's Dominant Design Development in the Hi-tech Industries from the Perspective of New Situation of International Competition, No. 72274223) and National Social Science Fund of China (Strategies and Policies of the Development of Essential Patents of Standards in New Generation Information Technology Industry, No. 21BJY019).

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