The faster the increase in renewable energy use, the faster the decrease in carbon emissions?

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dc.authoridIşık, Ali Haydar / 0000-0002-5732-1441
dc.contributor.authorAkan, Taner
dc.contributor.authorIşık, Ali Haydar
dc.contributor.authorGündüz, Halil İbrahim
dc.date.accessioned2025-01-27T20:34:40Z
dc.date.available2025-01-27T20:34:40Z
dc.date.issued2024
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractThe annual average near-surface global temperature will temporarily exceed 1.5 degrees C between 2023 and 2027. If this level is irrevocably exceeded, the functions of marine biodiversity, fisheries, and ecosystems may no longer be maintained. In light of this fact, this paper examines whether a shock-like (rapid and substantial) increase in the proportion of renewable energy sources could result in a precipitous reduction in greenhouse gas emissions. In order to accomplish this, the paper analyzes the magnitude and direction of the asymmetric and symmetric impacts of renewables on CO2 emissions, which represent shock-like and ordinary changes, respectively. Second, the paper examines whether there is a functional complementarity between major renewables in reducing CO2 emissions, and whether this complementarity increases when renewables experience asymmetric shocks. The conclusion of the paper is that the negative impact of renewables on CO2 emissions either (i) remains unchanged when they experience asymmetric shocks or (ii) increases by 60-260 percent or 100 percent, respectively, when they experience these shocks simultaneously or separately, respectively. The paper makes two recommendations to prevent the persistent exceeding of 1.5 degrees C. First, policymakers should intensify their efforts to rapidly and substantially increase renewable energy consumption in total. Second, they should accomplish this increase in all renewable sources in a balanced fashion so as to maximize their carbon-reduction effects by functionalizing their green complementarities.
dc.description.sponsorshipIstanbul University
dc.description.sponsorshipNo Statement Available
dc.identifier.doi10.1007/s10668-024-04949-z
dc.identifier.issn1387-585X
dc.identifier.issn1573-2975
dc.identifier.scopus2-s2.0-85193807514
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.1007/s10668-024-04949-z
dc.identifier.urihttps://hdl.handle.net/20.500.12428/23416
dc.identifier.wosWOS:001229327100001
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSpringer
dc.relation.ispartofEnvironment Development and Sustainability
dc.relation.publicationcategoryinfo:eu-repo/semantics/openAccess
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WoS_20250125
dc.subjectRenewables
dc.subjectDisaggregation
dc.subjectSymmetry
dc.subjectAsymmetry
dc.subjectCO2 emission
dc.titleThe faster the increase in renewable energy use, the faster the decrease in carbon emissions?
dc.typeArticle

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