Title : Does the collaboration between Clean energy and conventional energy abate CO2 emissions? A comparative study among EU countries
Abstract:
The study sought to uncover the collective impact of Clean energy conventional energy on CO2 emission? A comparative study among EU countries. Our study will employ panel ADF panel IPS approach for stationarity checks. Pairwise cointegration test and Granger causality will be utilized in the study finally an impulse response function will be employed. A diagnostic test will be done via the AR approach. The variable will either be cointegration or not, and our diagnostic test will indicate whether all the variables are stable or unstable. Results from the ganger causality test will indicate either unidirectional or bidirectional causality between clean and environmental pollution. Per findings from the granger causality test will attest whether clean energy, conventional energy improve environmental quality in EU countries. The result from the impulse response function will indicate whether one standard deviation shock to clean energy positively impact environmental pollution in the long and short run. The study will prompt many policy directions for EU countries.
