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AuthorMichelle, Mongo
AuthorBelaïd, Fateh
AuthorRamdani, Boumediene
Available date2022-10-20T09:09:21Z
Publication Date2021-04
Publication NameEnvironmental Science & Policy
Identifierhttp://dx.doi.org/10.1016/j.envsci.2020.12.004
CitationMongo, M., Belaid, F., & Ramdani, B. (2021). The effects of environmental innovations on CO2 emissions: Empirical evidence from Europe. Environmental Science & Policy, 118, 1-9.
ISSN1462-9011
URIhttps://www.sciencedirect.com/science/article/pii/S1462901120314064
URIhttp://hdl.handle.net/10576/35265
AbstractEnvironmental innovations are key enablers of transition towards greener economies. Despite their importance, empirical studies examining the effect of green technologies on CO2 emissions are still limited. Using an autoregressive distributed-lag model (ARDL), we analyze the impact of environmental innovations, the consumption of renewable energies, GDP per capita, and degree of economic openness on CO2 emissions for 15 European countries over 23 years. Our results indicate that, in the long-term, environmental innovations tend to lower CO2 emissions, whereas in the short-term the observed effect is the opposite, suggesting the existence of a rebound effect. This study recommends introducing new policies that combine tools of environmental economics with those of ecological economy to integrate economic incentives with regulatory changes and encourage individuals to consume differently by favouring products and/or services with a less negative impact on the environment.
Languageen
PublisherElsevier Ltd
SubjectEnvironmental innovations
CO2emissions
Rebound effect
Europe
ARDL model
TitleThe effects of environmental innovations on CO2 emissions: Empirical evidence from Europe
TypeArticle
Pagination1-9
Volume Number118
dc.accessType Abstract Only


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