Details

Autor(en) / Beteiligte

• Ahmed, Khalid
• Apergis, Nicholas
• Bhattacharya, Mita
• Paramati, Sudharshan Reddy

Titel

Electricity consumption in Australia: the role of clean energy in reducing CO2 emissions

Ist Teil von

• Applied economics, 2021-10, Vol.53 (48), p.5535-5548

Ort / Verlag

London: Routledge

Erscheinungsjahr

2021

Link zum Volltext

Quelle

Business Source Ultimate

Beschreibungen/Notizen

• Electricity consumption is the primary source of carbon dioxide (CO 2 ) emissions in Australia. Hence, this research study aims to analyse the role of clean energy consumption on CO 2 emissions and electricity consumption in Australia by making use of yearly data, 1980-2014 and a battery of time series econometric techniques. The autoregressive distributed lag (ARDL) method is employed to investigate the short- and long-run estimates, while the Bayer and Hanck (2013) test is used to examine the cointegration relationship among the variables. The results from the ARDL technique show that a 1% increase in clean energy consumption reduces per capita CO 2 emissions and per capita electricity consumption by 5.50% and 1.19%, respectively in the long-run. The findings also confirm a significant long-run association among the variables. As such, it is emphasized that the government should take further initiatives towards a wider deployment of clean energy use, along with sustainable urbanization to reduce per capita electricity consumption and CO 2 emissions in Australia.