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The effect of nuclear energy on the environment in the context of globalization: Consumption vs production-based CO2 emissions

Danish|Recep Ulucak|Seyfettin Erdogan
한국원자력학회 (Korean Nuclear Society)|2022.04|Nuclear Engineering and Technology|제54권 제4호|pp. 1312-1320|DOI https://doi.org/10.1016/j.net.2021.10.030

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키워드

Nuclear energyOECD countriesProduction-and consumption-based CO2 emissionsDK-Regression
주제분류원자력공학

초록

The earlier studies have analyzed theoretical links between nuclear energy and carbon dioxide (CO2)emissions concerning territorial (or production-based) emissions. Here using the latest available dataset,this study explores the impacts of nuclear energy on production-based and consumption-based CO2emission in the era of globalization for the Organization for Economic Co-operation and Development(OECD) countries. The Driscoll-Kraay regression method reveals that nuclear energy is beneficial for thereduction of production-based CO2 emissions. However, it is revealed that nuclear energy does notreduce consumption-based CO2 emissions that are traded internationally and hence not comprised inconventional production-based emissions (territory) inventories. Globalization tends to reduce bothproduction-based and demand-based carbon emissions. Finally, Environmental Kuznets Curve (EKC) isvalidated for both kinds of CO2 emissions. The findings may deliver practical policy implications relatedto nuclear energy and CO2 emissions for selected countries.

Abstract

The earlier studies have analyzed theoretical links between nuclear energy and carbon dioxide (CO2)emissions concerning territorial (or production-based) emissions. Here using the latest available dataset,this study explores the impacts of nuclear energy on production-based and consumption-based CO2emission in the era of globalization for the Organization for Economic Co-operation and Development(OECD) countries. The Driscoll-Kraay regression method reveals that nuclear energy is beneficial for thereduction of production-based CO2 emissions. However, it is revealed that nuclear energy does notreduce consumption-based CO2 emissions that are traded internationally and hence not comprised inconventional production-based emissions (territory) inventories. Globalization tends to reduce bothproduction-based and demand-based carbon emissions. Finally, Environmental Kuznets Curve (EKC) isvalidated for both kinds of CO2 emissions. The findings may deliver practical policy implications relatedto nuclear energy and CO2 emissions for selected countries.

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