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Implementation of Portable Emissions Measurement Systems PEMS for the Real-driving Emissions RDE Regulation in Europe
Published on: December 4, 2016
Pollution and renewable energy consumption in the V4 countries
1Faculty of Business and Administration, University of Bucharest, 4-12 Regina Elisabeta Blvd., District 3, Bucharest, Romania. mihaela.simionescu@unibuc.ro.
Renewable energy consumption significantly cuts CO2 emissions in V4 countries, while GDP increases pollution. Foreign direct investment shows no environmental impact. Political stability
Area of Science:
- Environmental Science
- Economics
- Energy Policy
Background:
- V4 countries face significant pollution challenges.
- Understanding the drivers of CO2 emissions is crucial for environmental policy.
Purpose of the Study:
- To assess the impact of renewable energy consumption on CO2 emissions in V4 countries (1996-2022).
- To investigate the influence of GDP, foreign direct investment, and political stability on environmental quality.
Main Methods:
- Time series analysis using autoregressive distributed lag (ARDL) models.
- Country-specific models were developed for Poland, Hungary, Czech Republic, and Slovakia.
Main Results:
- Renewable energy consumption was found to reduce CO2 emissions across V4 countries.
- Gross Domestic Product (GDP) was identified as a driver of increased pollution.
- Foreign direct investment had no discernible effect on environmental quality.
- Political stability's impact varied: it reduced emissions in the Czech Republic but increased them in Slovakia, with no effect in Poland and Hungary.
Conclusions:
- Transitioning to renewable energy is a viable strategy for mitigating CO2 emissions in V4 nations.
- Economic growth, as measured by GDP, necessitates careful environmental management to counteract its pollution-increasing effects.
- Policy interventions regarding political stability should be tailored to country-specific contexts to achieve desired environmental outcomes.
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