Renewable Energy and proven oil reserves relation: Evidence from OPEC members

Enerji tüketimi ve küresel ısınma arasındaki ilişkiyle ilgili literatür yenilenebilir enerji tüketiminineklenmesiyle genişlemiştir. Birçok çalışma, bu ilişkinin gelişmiş ve gelişmekte olan ülkelerdeteknik etkinlik, kişi başına gelir veya karbondioksit salınım düzeyleri üzerindeki etkilerinigöstermektedir. Ancak hiçbiri fos il yakıt ihraç eden ülkeler için yenilenebilir enerjinin öneminevurgu yapmamıştır. Bu çalışma, yenilenebilir enerji ile reel Gayri Safi Yurt İçi Hasıla (GSYİH),karbondioksit salınım düzeyi, reel petrol fiyatları ve kanıtlanmış petrol rezervleri arasında kiilişkiyi Petrol İhraç Eden Ülkeler Örgütünün yedi üyesi için açıklamaya amaçlamaktadır.Analizler, sabit etki-rastsal etki testleri olarak bilinen panel veri tekniği kullanılarakyürütülmektedir. Bulgularımız kişi başına yenilenebilir enerji tüketimi ile kişi başına reel GSYİHve kişi başına karbondioksit tüketimi arasında pozitif ve anlamlı bir ilişkinin varlığına işaretetmektedir. Hem kanıtlanmış petrol rezervleri hem de reel petrol fiyatları ile yenilenebilir enerjitüketimi arasında anlamlı bir iliş ki bulunamamıştır.

Yenilenebilir enerji ile kanıtlanmış petrol rezervleri arasındaki ilişki: OPEC den bulgular

The well documented literature on the relation between energy consumption and climate changehas been extended by the addition of renewable energy consumption. Several studies show itsimpact on technical efficiency, per capita income or carbon dioxide (CO 2) emission levels fordeveloped and developing countries. However, to the extent of our knowledge, very few of themstate the importance of renewable energy for the countries where the main type of fossil fuels, oil,is exported. This study aims to explore the association between renewable energy, real grossdomestic product (GDP), CO 2 emission level, real oil prices as well as the prove n oil reserves forseven members of Organization of the Petroleum Exporting Countries (OPEC) . The analyses areconducted using panel data techniques, namely fixed effectrandom effect tests. Our results showa positive and significant relation between renewable energy consumption, and real GDP and CO 2emission level. A statistically not significant coefficient is found for the relation betweenrenewable energy and the proven oil reserves. The relation between energy and real oil prices isalso insignificant.

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