Coal consumption-environmental sustainability nexus in developed and developing major coal-consuming economies

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dc.authoridBekun, Festus Victor/0000-0003-4948-6905
dc.authoridAlzyoud, Mohammad/0000-0003-2464-8162
dc.authoridOzturk, Ilhan/0000-0002-6521-0901
dc.authoridAlhassan, Abdulkareem/0000-0001-6152-7728
dc.contributor.authorAlhassan, Abdulkareem
dc.contributor.authorOzturk, Ilhan
dc.contributor.authorAL-Zyoud, Mohammad Fahmi
dc.contributor.authorBekun, Festus Victor
dc.date.accessioned2024-09-11T19:50:59Z
dc.date.available2024-09-11T19:50:59Z
dc.date.issued2024
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractCoal is crucial for economic progress but equally baneful to the environment. Thus, the coal consumption-environmental sustainability nexus attracted the attention of both policymakers and scholars. This study evaluates the coal consumption-environment nexus in developed and developing countries over the period 2000-2020. We used panel data econometric techniques and the Augmented Anderson-Hsiao (AAH) two-step GMM estimator to assess and compare the impact of coal consumption on CO2. The findings revealed that the consumption of coal aggravates environmental pollution and hinders environmental sustainability. Thus, this study confirms the environment-destroying effect of coal consumption. However, the findings reveal that the negative consequence of coal consumption on the environment is more for the sample of developed countries than that of developing countries. This suggests that coal use harms the environment developed economies than the developing countries. Specifically, we found that the carbon emissions emanating from a one percent (1%) increase in coal consumption of the developed countries is about six-fold more than that of the developing countries. Therefore, this study suggests a gradual phase-out, rather than sudden phase-out, of coal consumption with greater emphasis on developed countries. The implementation of the coal phase-out policy and the removal of fossil fuel subsidies should start with the developed countries or be made more stringent in such countries than the developing economies. The developed countries should relinquish a greater proportion of their coal consumption than the developing countries.en_US
dc.identifier.doi10.1016/j.heliyon.2024.e25619
dc.identifier.issn2405-8440
dc.identifier.issue4en_US
dc.identifier.pmid38370232en_US
dc.identifier.scopus2-s2.0-85185166405en_US
dc.identifier.urihttps://doi.org/10.1016/j.heliyon.2024.e25619
dc.identifier.urihttps://hdl.handle.net/11363/7715
dc.identifier.volume10en_US
dc.identifier.wosWOS:001183858000001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherCell Pressen_US
dc.relation.ispartofHeliyonen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmz20240903_Gen_US
dc.subjectCoal consumptionen_US
dc.subjectCarbon emissionen_US
dc.subjectEnvironmental sustainabilityen_US
dc.subjectDeveloped and developing countriesen_US
dc.titleCoal consumption-environmental sustainability nexus in developed and developing major coal-consuming economiesen_US
dc.typeArticleen_US

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