The nexus between environmental tax and carbon emissions with the roles of environmental technology and financial development.
The nexus between environmental tax and carbon emissions with the roles of environmental technology and financial development.
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DOI:
10.1371/journal.pone.0242412
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发表时间:
2020
期刊:
影响因子:
3.7
通讯作者:
Jiao Z
中科院分区:
文献类型:
--
作者:
Bashir MF;Ma B;Shahbaz M;Jiao Z
This study evaluates the impacts of renewable energy, environmental taxes, environmental technology, and financial development on carbon emissions in OECD economies from 1995 to 2015 by employing system-GMM and quantile regression approaches. Our empirical analysis indicates that environmental tax negatively affects carbon emissions; economic growth impedes environmental quality by increasing carbon emissions. Further, renewable energy consumption, environmental technology, and financial development improve environmental quality by decreasing carbon emissions. We suggest that changes in policymaking to promote sustainable economic growth and environmental quality should be prevent environmental degradation, but also inspire greater investments in new technologies and energy expertise in the renewables industry.
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