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Reshaping sustainability through climate attention, financial regulations, and energy policy

  • Nanjing Audit University
  • Shinhan University
  • Gombe State University
  • Umaru Musa Yar'adua University
  • Sunway University
  • Symbiosis International University

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

3 Citations (Scopus)

Abstract

The United States is classified as “insufficient” by the climate action tracker (CAT), indicating a lack of progress in addressing crucial environmental concerns. This highlights the inadequacy of current policy measures, especially in achieving the sustainable development goal (SDG) 13. In view of this, the present study examines the impact of public climate attention, financial regulations, and energy policy uncertainty on the load capacity factor in the United States. The quarterly data spanning from 2004 to 2021 has been analyzed by employing a unique bootstrap rolling window Granger causality test. The findings confirm that an increase in public climate attention and financial regulations positively affects the load capacity factor, indicating an improvement in environmental quality. Further, it was found that an increase in energy policy uncertainty negatively affects the load capacity factor, indicating environmental degradation. The study highlights policy implications to support the United States in achieving SDG 13.

Original languageEnglish
JournalEnergy and Environment
DOIs
Publication statusAccepted/In press - 2024
Externally publishedYes

UN SDGs

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

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities
  3. SDG 13 - Climate Action
    SDG 13 Climate Action
  4. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • CO emissions
  • energy policy uncertainty
  • financial regulations
  • public climate attention
  • SDGs
  • United States

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