Investigating the environmental and economic dimensions of household, commercial, and industrial energy intensities in the USA

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dc.authoridhttp://orcid.org/0000-0002-3586- 2570en_US
dc.authoridhttps://orcid.org/0000-0002-3926-6231en_US
dc.contributor.authorAlola, Andrew Adewale
dc.contributor.authorAdedoyin, Festus Fatai
dc.contributor.authorAlola, Uju Violet
dc.date.accessioned2024-05-29T20:27:04Z
dc.date.available2024-05-29T20:27:04Z
dc.date.issued2024en_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.description.abstractAs the global ambition is directed at net-zero 2050 amidst energy intensity-efficiency targets, the advanced economies, such as the United States of America (USA) has been consistently charged with more target-driven commitments. Considering this, the current study finds the influence of commercial, industrial, and household energy intensities on both the economic and environmental indicators. A set of cointegration approaches was employed to evaluate the long-run and short-run relationship between covariates and carbon emission over the period 1974–2019. Empirical findings reveal that all the covariates are positive and significantly related to carbon emissions. For instance, the emission of carbon dioxide is worsened by economic growth in both the short- and long-run. Additionally, intense use of energy across the commercial, household, and industrial sectors is responsible for an increase in environmental degradation arising from the emission of carbon emission. Importantly, environmental degradation that is attributed to energy intensity is far more (twice) in the commercial sector and household sector, than in the industrial sector. Regarding the economic aspects, there is statistical evidence that research and development expenditure in energy efficiency improves economic growth while higher energy intensities in the commercial and industrial sectors are detrimental to economic expansion. As a policy, the study suggests that the share of renewable or clean energy technology in the country’s energy mix should be significantly increased to over-turn the undesirable economic, environmental, and global warming-related issues in the United States. Other few directions for policy implication were addressed.en_US
dc.identifier.doi10.1080/17583004.2024.2349161en_US
dc.identifier.endpage12en_US
dc.identifier.issn1758-3004
dc.identifier.issn1758-3012
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85193504042en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage1en_US
dc.identifier.urihttps://hdl.handle.net/11363/7406
dc.identifier.urihttps://doi.org/
dc.identifier.volume15en_US
dc.identifier.wosWOS:001226449700001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorAlola, Uju Violet
dc.language.isoenen_US
dc.publisherTAYLOR & FRANCIS LTD2-4 PARK SQUARE, MILTON PARK, ABINGDON OR14 4RN, OXON, ENGLANDen_US
dc.relation.ispartofCARBON MANAGEMENTen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEnergy intensityen_US
dc.subjectsectoral energy useen_US
dc.subjecteconomic growthen_US
dc.subjectcarbon emissionsen_US
dc.subjectThe United Statesen_US
dc.titleInvestigating the environmental and economic dimensions of household, commercial, and industrial energy intensities in the USAen_US
dc.typeArticleen_US

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