Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?

In this paper, we investigate the impact of public investment in R&D in renewable energy technologies on environmental quality using a spectrum of environmental emissions. We employ new and innovative panel data methods to address the existing econometric issues in estimating the effect of R&...

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Main Authors: Hailemariam, Abebe, Ivanovski, Kris, Dzhumashev, Ratebek
Format: Journal Article
Published: Elsevier 2022
Online Access:http://hdl.handle.net/20.500.11937/89434
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author Hailemariam, Abebe
Ivanovski, Kris
Dzhumashev, Ratebek
author_facet Hailemariam, Abebe
Ivanovski, Kris
Dzhumashev, Ratebek
author_sort Hailemariam, Abebe
building Curtin Institutional Repository
collection Online Access
description In this paper, we investigate the impact of public investment in R&D in renewable energy technologies on environmental quality using a spectrum of environmental emissions. We employ new and innovative panel data methods to address the existing econometric issues in estimating the effect of R&D on greenhouse gas emissions. Then, using data from advanced and emerging economies that span the period from 1980 to 2020, we find that R&D investment in renewable technologies has a significant positive effect on environmental quality by reducing a range of pollutants, including carbon dioxide, methane, and other pollutants. The results are robust to a series of sensitivity tests. The findings have important policy implications for climate change and various recent environmental initiatives, including the transition to net-zero emissions and sustainability.
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format Journal Article
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T11:31:46Z
publishDate 2022
publisher Elsevier
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-894342022-10-17T01:08:37Z Does R&D investment in renewable energy technologies reduce greenhouse gas emissions? Hailemariam, Abebe Ivanovski, Kris Dzhumashev, Ratebek In this paper, we investigate the impact of public investment in R&D in renewable energy technologies on environmental quality using a spectrum of environmental emissions. We employ new and innovative panel data methods to address the existing econometric issues in estimating the effect of R&D on greenhouse gas emissions. Then, using data from advanced and emerging economies that span the period from 1980 to 2020, we find that R&D investment in renewable technologies has a significant positive effect on environmental quality by reducing a range of pollutants, including carbon dioxide, methane, and other pollutants. The results are robust to a series of sensitivity tests. The findings have important policy implications for climate change and various recent environmental initiatives, including the transition to net-zero emissions and sustainability. 2022 Journal Article http://hdl.handle.net/20.500.11937/89434 10.1016/j.apenergy.2022.120056 Elsevier restricted
spellingShingle Hailemariam, Abebe
Ivanovski, Kris
Dzhumashev, Ratebek
Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?
title Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?
title_full Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?
title_fullStr Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?
title_full_unstemmed Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?
title_short Does R&D investment in renewable energy technologies reduce greenhouse gas emissions?
title_sort does r&d investment in renewable energy technologies reduce greenhouse gas emissions?
url http://hdl.handle.net/20.500.11937/89434