Renewable energy consumption, CO2 emissions, and economic growth: Evidence from Indonesia
DOI:
10.62941/irefi.v1i1.30Downloads
Abstract
This study aims to examine the correlation between renewable energy, carbon dioxide emissions (CO2), and economic development in Indonesia. This study uses a quantitative methodology, namely cointegration regression. This study uses data from 1980 to 2019. The findings show that renewable energy utilization has a negative impact on Indonesia's economic growth. This is because renewable energy generation is still constrained while the demand for renewable energy increases. Indonesia's economic growth has a favorable impact on CO2 emission levels. This is because fossil energy consumption is still very high in Indonesia. Energy use, in general, has a favorable impact on the national economy.
Keywords:
Renewable energy consumption CO2 emissions economic growthLicense
Copyright (c) 2024 Khairul Aswadi, Sutoyo, Murni, Munawarah
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