Dergiler / BİLTÜRK Ekonomi ve İlişkili Çalışmalar Dergisi / 2019 / Cilt: 1 - Sayı: 2
The Impact of Renewable Energy Consumption and Energy Intensity on CO2 emissions from Fuel Combustions for the Case of Turkey: A Cointegration Analyses
- Sayfa
- 169–187
- DOI
- —
Özet
This study aims to investigate the impact of renewable energy consumption and energy intensity on CO2 emissions from fuel combustions (Mt CO2), over the period 1971-2015 for the case of Turkey within the framework of Environmental Kuznet Curve (EKC) hypothesis. The results support the presence and validation of EKC hypothesis with the positive impact of renewable energy consumption on CO2 emission in both short run and long run. Moreover, it also shows that higher level of energy intensity raises CO2 emission, which indicates that 1% increase in energy intensity increase CO2 emission by 0.96% in long run, while renewable energy consumption cause to fall in CO2 emissions by 0.19%. Therefore, policy makers in Turkey should encourage using of renewable energy in both of production and consumption and consider the negative impacts of energy intensity while determining related policies.
Abstract
This study aims to investigate the impact of renewable energy consumption and energy intensity on CO2 emissions from fuel combustions (Mt CO2), over the period 1971-2015 for the case of Turkey within the framework of Environmental Kuznet Curve (EKC) hypothesis. The results support the presence and validation of EKC hypothesis with the positive impact of renewable energy consumption on CO2 emission in both short run and long run. Moreover, it also shows that higher level of energy intensity raises CO2 emission, which indicates that 1% increase in energy intensity increase CO2 emission by 0.96% in long run, while renewable energy consumption cause to fall in CO2 emissions by 0.19%. Therefore, policy makers in Turkey should encourage using of renewable energy in both of production and consumption and consider the negative impacts of energy intensity while determining related policies.