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Investigate the role of technology innovation and renewable energy in reducing transport sector CO 2 emission in China: A path toward sustainable development
Author(s) -
Godil Danish I.,
Yu Zhang,
Sharif Arshian,
Usman Rimsha,
Khan Syed Abdul Rehman
Publication year - 2021
Publication title -
sustainable development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.115
H-Index - 64
eISSN - 1099-1719
pISSN - 0968-0802
DOI - 10.1002/sd.2167
Subject(s) - renewable energy , china , natural resource economics , sustainable development , business , sustainable transport , environmental economics , energy consumption , economics , industrial organization , sustainability , engineering , geography , ecology , archaeology , political science , law , electrical engineering , biology
The objective of this research is to examine the role of economic growth, technology innovation, and renewable energy in reducing transport sector CO 2 emission in China by using the annual data of 1990–2018. An application of the QARDL approach discloses that economic growth, technology innovation, and renewable energy significantly influence CO 2 emission in the transportation sector in China. Both renewable energy consumption and innovation show a negative impact on emissions of CO 2 related to transport. It depicts that due to the increase in renewable energy and innovation, the CO 2 emission in the transport sector is likely to decrease; however, an increase in the GDP of a country will upsurge the emission of CO 2 in the transportation sector. However, China should make new policies to introduce innovation in the transportation sector to minimize the emission of CO 2 .