The role of renewable energy and carbon dioxide emissions on the ESG market in European Union

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Tarih

2024

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Yayıncı

John Wiley & Sons Ltd

Erişim Hakkı

info:eu-repo/semantics/openAccess

Özet

In view of global climate problems, public interest in the environment has recently evolved over decision economics. Accordingly, this study assesses the impact of carbon emission allowances (CEA), information technology (IT), renewable energy generation (REG), and carbon dioxide (CO2) on the environmental, social, governance (ESG) in the European Union (EU) by applying quantile-based models from January 2, 2019 to February 29, 2024. The outcomes demonstrate that CEA and IT have an increasing effect on the ESG with the moderating effect of economic policy uncertainty (EPU). REG has a declining effect on the ESG, while the EPU moderates the effect and makes the effect increasing across higher quantiles.

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Kaynak

Managerial and Decision Economics

WoS Q Değeri

N/A

Scopus Q Değeri

Q2

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