Analyzing the environmental impact of fuel switching: Evidence from ARDL analysis for policy considerations

Mohd Shahidan Shaari; Noorazeela Zainol Abidin; Miguel Angel Esquivias; Mohd Juraij Abd Rani; Temitayo Blessing Majekodunmi; Amri Sulong

doi:10.1016/j.sftr.2024.100317

Analyzing the environmental impact of fuel switching: Evidence from ARDL analysis for policy considerations

Mohd Shahidan Shaari, Noorazeela Zainol Abidin, Miguel Angel Esquivias, Mohd Juraij Abd Rani, Temitayo Blessing Majekodunmi, Amri Sulong

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

Abstract

The rise in global temperatures, driven by increased CO2 levels, is a pressing concern. Developing nations like Malaysia face challenges in transitioning to cleaner energy due to resource constraints, making natural gas a crucial transitional solution. This study introduces the Fuel Switch Variable to analyze the impact of shifting fuel consumption patterns on CO2. Using data from 1980 to 2020 and the ARDL model, findings show that policies promoting natural gas over oil and coal reduce CO2 emissions, while economic and population growth increase emissions. Policymakers should incentivize fuel switching, enforce energy efficiency standards, and invest in new technologies.

Original language	English
Article number	100317
Journal	Sustainable Futures
Volume	8
DOIs	https://doi.org/10.1016/j.sftr.2024.100317
Publication status	Published - Dec 2024

Keywords

Alternative energy sources
CO emissions
Economic growth
Fuel switching policy
Oil, coal, and gas consumption

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.sftr.2024.100317

Cite this

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title = "Analyzing the environmental impact of fuel switching: Evidence from ARDL analysis for policy considerations",

abstract = "The rise in global temperatures, driven by increased CO2 levels, is a pressing concern. Developing nations like Malaysia face challenges in transitioning to cleaner energy due to resource constraints, making natural gas a crucial transitional solution. This study introduces the Fuel Switch Variable to analyze the impact of shifting fuel consumption patterns on CO2. Using data from 1980 to 2020 and the ARDL model, findings show that policies promoting natural gas over oil and coal reduce CO2 emissions, while economic and population growth increase emissions. Policymakers should incentivize fuel switching, enforce energy efficiency standards, and invest in new technologies.",

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AU - Shaari, Mohd Shahidan

AU - Abidin, Noorazeela Zainol

AU - Esquivias, Miguel Angel

AU - Rani, Mohd Juraij Abd

AU - Majekodunmi, Temitayo Blessing

AU - Sulong, Amri

PY - 2024/12

Y1 - 2024/12

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AB - The rise in global temperatures, driven by increased CO2 levels, is a pressing concern. Developing nations like Malaysia face challenges in transitioning to cleaner energy due to resource constraints, making natural gas a crucial transitional solution. This study introduces the Fuel Switch Variable to analyze the impact of shifting fuel consumption patterns on CO2. Using data from 1980 to 2020 and the ARDL model, findings show that policies promoting natural gas over oil and coal reduce CO2 emissions, while economic and population growth increase emissions. Policymakers should incentivize fuel switching, enforce energy efficiency standards, and invest in new technologies.

KW - Alternative energy sources

KW - CO emissions

KW - Economic growth

KW - Fuel switching policy

KW - Oil, coal, and gas consumption

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DO - 10.1016/j.sftr.2024.100317

M3 - Article

AN - SCOPUS:85206197394

SN - 2666-1888

VL - 8

JO - Sustainable Futures

JF - Sustainable Futures

M1 - 100317

ER -

Analyzing the environmental impact of fuel switching: Evidence from ARDL analysis for policy considerations

Abstract

Keywords

UN SDGs

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