Does economic policy uncertainty, nuclear energy, and crude oil influence CO emissions? A sectoral growth analysis on G20 countries.

The G20 nations collectively accounted for a significant portion of global CO emissions due to their vast economies and rising energy demand. While some G20 nations have made substantial efforts to reduce their emissions through policies such as renewable energy incentives and carbon pricing, others may still heavily rely on fossil fuels for energy production and industrial processes. Therefore, this recent study endeavoured to investigate the relationship between nuclear energy consumption (NEC), crude oil (CO), and economic policy uncertainty (EPU) with CO emissions in three economic sectors of G20 nations.

The dynamic relationship between nuclear energy, CO emissions, and economic growth: evidence from the richest countries in Europe and Asia.

This study examines the dynamic relationship between the share of nuclear energy, growth in CO emissions, and GDP growth for the wealthiest countries of the two continents, Europe and Asia, from 1965 to 2021. The results from the SVAR model show a significant positive relationship between GDP growth and the growth of CO emissions in all countries. However, the values of the coefficients vary in the case of different countries of both continents.

Impact of sectoral decompositions of electricity consumption on economic growth in India: evidence from SVAR framework.

The study examines the effects of electricity consumption from different sectors such as agricultural, commercial, domestic, industrial (HV), industrial (LV-MV) and miscellaneous sectors on economic growth over the period of 1981-2019 in the case of India. We used SVAR framework and concluded that the consumption of electricity from agriculture sector has a negative impact on economic growth, whereas the industrial (HV and MV-LV) and commercial electricity consumption has positive impact on economic growth. Similarly, electricity consumption by the domestic sector has less positive effect on economic growth.