Energy Dilemma: Renewable Energy Transition, Energy Efficiency and The Impact of Globalization on Environmental Quality in E7 Countries

Year 2024, Volume: 39 Issue: 4, 1063 - 1078

Mehmet Aydın

https://doi.org/10.24988/ije.1479827

Abstract

Considering that the energy sector has the largest share of environmental degradation, the transition to clean and efficient energy is critical to ensuring environmental quality. Additionally, it should be taken into account that globalization has the potential to influence society and policymakers by changing consumption patterns. This research aims to clarify the effects of energy intensity, renewable energy transition, and globalization on environmental quality in E7 countries during the period 1990-2020. In this context, the determinants of environmental quality were investigated using panel cointegration and long-run estimators. Research results show that energy intensity negatively affects environmental quality in Brazil, China, India, Russia, Turkey, and the panel; globalization has a positive impact in Brazil and India; and renewable energy transitions contribute to environmental quality in China, Indonesia, and the panel. These findings highlight the balance between energy intensity and the renewable energy transition, highlighting the importance of strategic interventions to reduce negative impacts and promote sustainable development pathways. In this context, it is recommended that E7 countries benefit from the positive aspects of globalization and reverse the negative effects of energy intensity by accelerating the renewable energy transition.

Keywords

Energy Efficiency, Renewable Energy Transition, Globalization, Environmental Quality

Enerji İkilemi: E7 Ülkelerinde Yenilenebilir Enerji Geçişi, Enerji Verimliliği ve Küreselleşmenin Çevre Kalitesi Üzerindeki Etkisi

Abstract

Enerji sektörünün çevresel bozulmada en büyük paya sahip olduğu düşünüldüğünde, temiz ve verimli enerjiye geçişin çevresel kaliteyi sağlama açısından kritik önemi vardır. Ayrıca, küreselleşmenin tüketim kalıplarını değiştirerek toplumu ve politika yapıcılarını etkileme potansiyeline sahip olduğu göz önüne alınmalıdır. Bu araştırma, 1990-2020 döneminde enerji yoğunluğu, yenilenebilir enerji geçişi ve küreselleşmenin E7 ülkelerinde çevre kalitesi üzerindeki etkilerini açıklığa kavuşturmayı amaçlamaktadır. Bu çerçevede, çevresel kalitenin belirleyicileri panel eşbütünleşme ve uzun dönem tahmin edicileri ile araştırılmıştır. Araştırma sonuçları, enerji yoğunluğunun Brezilya, Çin, Hindistan, Rusya, Türkiye ve panelde çevre kalitesini olumsuz etkilediğini, küreselleşmenin Brezilya ve Hindistan'da olumlu bir etkiye sahip olduğunu ve yenilenebilir enerji geçişinin ise Çin, Endonezya ve panelde çevre kalitesine katkı sağladığını göstermektedir. Bu bulgular, enerji yoğunluğu ile yenilenebilir enerji geçişi arasındaki dengeyi vurgulayarak, olumsuz etkileri azaltmak ve sürdürülebilir kalkınma yollarını teşvik etmek için stratejik müdahalelerin önemini vurgulamaktadır. Bu bağlamda, E7 ülkelerinin küreselleşmenin olumlu yönlerinden faydalanması ve yenilenebilir enerji geçişini hızlandırarak enerji yoğunluğunun olumsuz etkilerini tersine çevirmesi önerilmektedir.

Keywords

Enerji Verimliliği, Yenilenebilir Enerji Geçişi, Küreselleşme, Çevresel Kalite

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