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Mitigating energy production-based carbon dioxide emissions in Argentina: the roles of renewable energy and economic globalization

Abstract

The energy sector of Argentina is predominantly reliant on fossil fuels. Consequently, such fossil fuel dependency within the nation’s power sector, in particular, has aggravated the environmental quality in Argentina by amplifying the nation’s energy production-based carbon emission levels. However, keeping into consideration the international commitments pledged by Argentina under the Paris Accord and the Sustainable Development Goals agenda, it is pertinent for this South American country to curb its energy production-based emission of greenhouse gases, especially carbon dioxide. Against this milieu, this study examines the impacts of renewable electricity generation, economic globalization, economic growth, and urbanization on carbon dioxide emissions generated from the production of electricity and heat in the context of Argentina. Using annual frequency data from 1971 to 2016, recent econometric methods are applied to control for multiple structural breaks in the data. The major findings from the ecnometric analyses affirmed long-run associations between renewable electricity generation, economic globalization, economic growth, urbanization, and energy production-based carbon dioxide emissions in Argentina. Besides, enhancing renewable electricity output shares is found to curb these emissions while economic globalization and urbanization are witnessed to boost them. Moreover, renewable electricity generation and economic globalization are found to jointly reduce the energy production-related carbon dioxide emissions in Argentina. The results also validate the authenticity of the Environmental Kuznets Curve (EKC) hypothesis. Finally, the causality analysis reveals evidence of unidirectional causalities running from renewable electricity generation, economic globalization, economic growth, and urbanization to energy production-related carbon dioxide emissions in Argentina. In line with these findings, this study recommends several viable policies which can be implemented to help Argentina control the growth of its energy production-based carbon dioxide emissions.

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Data availability

The data sets used during the current study are available from the corresponding author on reasonable request.

Notes

  1. 1.

    The selection of the period of analysis is based on data availability.

  2. 2.

    According to the IEA, the three sources of CO2EHP include the following: (a) the sum of CO2 emissions emitted from power plants, combined heat and power generation plants, and heat plants that are either publicly or privately owned. The purpose of these plants is to supply the outputs to the public; (b) emissions generated from the generation of electricity and/or heat by autoproducers that generate electricity and/or heat, wholly or partly for their own use as an activity that supports their primary activity; especially within captive power plants. They too may be privately or publicly owned; (c) emissions from fuel combusted in petroleum refineries, for the manufacture of solid fuels, coal mining, oil and gas extraction, and other energy-producing industries.

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MM conceptualized, conducted the econometric analysis, wrote the introduction, compiled the literature review, and revised the manuscript. SR compiled the data and wrote the literature review. RU analyzed the findings, wrote the conclusions and policy recommendations, and edited the entire draft. VD compiled the data. AR reviewed the literature and discussed the findings. RA contributed to the literature review. SNP designed the econometric methodology and compiled the data.

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Correspondence to Muntasir Murshed or Seemran Rashid.

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Murshed, M., Rashid, S., Ulucak, R. et al. Mitigating energy production-based carbon dioxide emissions in Argentina: the roles of renewable energy and economic globalization. Environ Sci Pollut Res (2021). https://doi.org/10.1007/s11356-021-16867-y

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Keywords

  • Carbon emissions
  • Energy production
  • Economic globalization
  • Renewable electricity output
  • ARDL
  • Structural break