FOSSIL FUEL PRICE, CARBON DIOXIDE EMISSION, AND RENEWABLE ENERGY CAPACITY: EVIDENCE FROM ASIAN DEVELOPING COUNTRIES
نویسندگان
چکیده
This paper examined the impact of fossil fuel price and carbon dioxide (CO2) emission on renewable energy, using a sample 14 Asian developing countries from years 2000 to 2018. Fossil prices, mainly those crude oil coal, are positively related energy capacity. CO2 is also positive driver, indicating significance environmental concern. The results were consistent for both upper-middle-income lower-middle-income countries. Between fuels emission, outweighed that fuels. From policy perspective, this concurs need shift huge subsidies away enforce heavy tax sustainable environment.
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ژورنال
عنوان ژورنال: The International journal of banking and finance
سال: 2021
ISSN: ['1675-722X']
DOI: https://doi.org/10.32890/ijbf2021.16.1.5