The role of renewable energy and carbon dioxide emissions on the ESG market in European Union
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Date
2024
Journal Title
Journal ISSN
Volume Title
Publisher
John Wiley & Sons Ltd
Access Rights
info:eu-repo/semantics/openAccess
Abstract
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.
Description
Keywords
Journal or Series
Managerial and Decision Economics
WoS Q Value
N/A
Scopus Q Value
Q2
