Abstract
Amidst the escalating concerns over CO2 intensity and its environmental impact, the intricate interplay between information and communication technology (ICT) and carbon intensity has emerged as a pivotal area of investigation, shedding light on the transformative potential of digital innovation in shaping the global sustainability agenda. The study investigates the differential impact of ICT on carbon intensity across 30 heavy CO2-emitting countries, considering variations in technological infrastructure and economic contexts. Using panel quantile regression with population, affluence, and technology (STIRPAT) analyzed data spanning from 2000 to 2020 on the influencing elements of carbon intensity, the study makes the following findings: (1) ICT contributes to reducing greenhouse gases and lowering carbon intensity but has a negative effect in developed countries with high ICT manufacturing capabilities; (2) industry structure has a negative effect on emissions while renewable energy is an absolute contributing factor to achieving the carbon neutrality goals with a high positive significant factor; (3) GDP, population, and energy intensity have a negative impact on lowering emissions. Consequently, the study emphasizes the importance of countries prioritizing the continued utilization of renewable energy to improve industry structure and mitigate carbon intensity rather than solely relying on research and development.
Presenters
Joseph FuseiniStudent, PhD, Nanjing University of Information Science and Technology, China
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
KEYWORDS
CARBON INTENSITY, STIRPAT MODEL, INFORMATION AND COMMUNICATION TECHNOLOGY, INDUSTRY STRUCTURE
