Uncertainty and diversification: Analyzing the impact of energy-related and climate policy uncertainties on environmental degradation in the United States

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dc.authoridYılancı, Veli / 0000-0001-5738-690X
dc.contributor.authorYılancı, Veli
dc.contributor.authorUrsavaş, Uğur
dc.contributor.authorYasin, İftikhar
dc.date.accessioned2025-05-29T02:58:00Z
dc.date.available2025-05-29T02:58:00Z
dc.date.issued2025
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractThis study examines the complex relationship between environmental degradation, energy-related uncertainty (EUI), climate policy uncertainty (CPU), and energy consumption diversification (ECD) in the United States from January 2001 to September 2022. Employing novel and robust econometric methods, including the Bootstrap ARDL Bounds test with smooth and sharp structural breaks, the Toda-Yamamoto causality test with a Fourier function, and partial wavelet coherency analysis, the study reveals a surprising negative relationship between both EUI and CPU with CO2 emissions which suggests that uncertainties surrounding energy and climate policies may incentivize actors to adopt cleaner technologies and prioritize emission reduction strategies. However, the study also identifies a positive relationship between ECD and CO2 emissions, highlighting the need for strategic diversification prioritizing renewable and low-carbon sources. These findings emphasize the critical role of clear, consistent, and sustained climate policies in fostering clean energy investment and mitigating environmental degradation.
dc.identifier.doi10.1016/j.gr.2025.02.017
dc.identifier.endpage163
dc.identifier.issn1342-937X
dc.identifier.issn1878-0571
dc.identifier.scopus2-s2.0-85219078380
dc.identifier.scopusqualityQ1
dc.identifier.startpage149
dc.identifier.urihttps://doi.org/10.1016/j.gr.2025.02.017
dc.identifier.urihttps://hdl.handle.net/20.500.12428/30232
dc.identifier.volume141
dc.identifier.wosWOS:001439471700001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherElsevier
dc.relation.ispartofGondwana Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20250529
dc.subjectEnergy-related uncertainty
dc.subjectClimate policy uncertainty
dc.subjectPartial wavelet coherency
dc.subjectUnited States
dc.titleUncertainty and diversification: Analyzing the impact of energy-related and climate policy uncertainties on environmental degradation in the United States
dc.typeArticle

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