Published December 2020 | Version v1
Journal article

Is nuclear energy a better alternative for mitigating CO2 emissions in BRICS countries? An empirical analysis

  • 1. Beijing Institute of Technology, Beijing (China)
  • 2. Guangdong University of Foreign Studies, Guangzhou (China)
  • 3. College of Engineering, King Saud University, Riyadh (Saudi Arabia)
  • 4. Baoji University of Arts and Sciences, Baoji (China)
  • 5. Soil and Water Testing Laboratory Mandi Bahauddin, Mandi Bahauddin (Pakistan)

Description

Looking at the recent studies, nuclear energy and carbon dioxide (CO2) emissions nexus shows inconclusive result. To further explain nuclear energy-pollution nexuses this study is an attempt to analyze the impact of nuclear energy on pollution reduction for BRICS countries covering data for the period from 1993 to 2017. This study conducts advanced panel techniques such as Continuously-Updated Fully-Modified (CUP-FM) and Continuously-Updated Bias-Corrected (CUP-BC) for long run estimation. Our results support the notion that nuclear energy reduce CO2 emissions. Also, renewable energy corrects environmental pollution in BRICS countries. The magnitude of the coefficient of nuclear energy is less as compared to renewable energy, implying that nuclear is less effective in reducing environmental pollution. The findings offer significant policy understandings and suggestions not only for BRICS economies but for developing countries as well in designing suitable nuclear energy-growth-carbon policies

Additional details

Publishing Information

Journal Title
Nuclear Engineering and Technology
Journal Volume
52
Journal Issue
12
Series
58 refs, 4 tabs
Journal Page Range
p. 2969-2974
ISSN
1738-5733