Achieving SDGs 7, 8, and 13: balancing policy uncertainty with renewable energy demand

Citation

Olanrewaju, Victoria Olushola and Gyamfi, Bright Akwasi and Ozsahin, Ilker and Adebayo, Tomiwa Sunday (2025) Achieving SDGs 7, 8, and 13: balancing policy uncertainty with renewable energy demand. Environmental Sciences Europe, 37 (1). ISSN 2190-4715

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Abstract

This study pioneers an investigation into the impact of policy uncertainty (climate and economic) and industrial production on renewable energy demand, focusing on the United States. Utilizing monthly data spanning from April 1987 to September 2024, the research employs advanced multi-frequency quantile regression and multi-frequency quantile Granger causality to analyze these dynamics across various frequencies and quantiles. These advanced methodologies can capture associations between variables across multiple frequencies and quantiles. The fndings reveal that industrial production and economic growth consistently exert a positive infuence on renewable energy demand across all quantiles and frequencies. Conversely, policy uncertainty (both climate and economic) demonstrates mixed efects on renewable energy demand. Aligned with Sustainable Development Goals (SDGs), particularly SDG 7, 8, and 13, this study highlights the critical need for balanced strategies

Item Type: Article
Uncontrolled Keywords: Industrial production
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management > HD62.2-62.8 Management of special enterprises
Depositing User: Ms Rosnani Abd Wahab
Date Deposited: 26 Jun 2025 06:43
Last Modified: 26 Jun 2025 06:43
URII: http://shdl.mmu.edu.my/id/eprint/14095

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