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Investigate the role of technology innovation and renewable energy in reducing transport sector <scp>CO<sub>2</sub></scp> emission in China: A path toward sustainable development

Danish Iqbal GodilBusiness Studies Department, Bahria Business School Bahria University Karachi Campus Karachi PakistanZhang YuSchool of Economics and Management Chang'an University Xi'an ChinaArshian SharifDepartment of Business Administration Faculty of Management Sciences, ILMA University Karachi PakistanRimsha UsmanBusiness Studies Department, Bahria Business School Bahria University Karachi Campus Karachi PakistanSyed Abdul Rehman KhanSchool of Economics and Management Tsinghua University Beijing China
2021en
ABI

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Abstract The objective of this research is to examine the role of economic growth, technology innovation, and renewable energy in reducing transport sector CO 2 emission in China by using the annual data of 1990–2018. An application of the QARDL approach discloses that economic growth, technology innovation, and renewable energy significantly influence CO 2 emission in the transportation sector in China. Both renewable energy consumption and innovation show a negative impact on emissions of CO 2 related to transport. It depicts that due to the increase in renewable energy and innovation, the CO 2 emission in the transport sector is likely to decrease; however, an increase in the GDP of a country will upsurge the emission of CO 2 in the transportation sector. However, China should make new policies to introduce innovation in the transportation sector to minimize the emission of CO 2 .

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