THEME: "Exploring the Novel Advances in Earth Science and Climate Change"
Xian Eurasia University, China
Title: Balancing Sustainability: The Mediating Role of Institutions in Addressing Energy Poverty Amidst Strict Environmental Policies
Prof. Asad Ullah is a
researcher and educator specializing in sustainable development and energy
policy. With over a decade of experience, he focuses on the intersection of
environmental governance and energy poverty. His work examines how institutions
can mediate energy access while adhering to strict environmental regulations.
Prof. Ullah's research aims to promote sustainable practices that benefit both
communities and ecosystems.
The
findings related to strict environmental policies and energy poverty have been found
contradictory. Strict environmental regulations may protect the environment by
enhancing renewable energy resources. Still, at the same time, major dependent
sectors and consumers relying on non-renewable energy resources face the
problem of energy poverty. Moreover, environmental policies are strict and
depend on stakeholders' preferences, and such policies are implemented through
institutions. Considering these aspects, the current study examines the impact
of environmental policy stringency on energy poverty. Further, it examines the
role of institutions in bridging the gap between environmental policy
stringency and energy poverty for the selected 31 countries from 1996 to 2020.
Pooled OLS, random effect model, and system generalized methods of moments
(GMM) are applied for empirical analysis. To check the robustness of baseline
models, spatial lag, spatial error, and feasible generalized methods of moments
are applied. Furthermore, we applied the structural equation modelling
technique to examine the mediating role of institutions. Empirical analysis
shows that increasing environmental policy stringency significantly increases
energy poverty, while institutional proxies significantly decrease energy
poverty. The interactive effects of institutional proxies indicate declining
effects on energy poverty. More importantly, institutions mediate between
environmental policies and energy poverty. This study recommends soft
environmental policies to balance a sustainable environment and minimum energy
poverty based on the findings. This study further recommends authorizing and
strengthening the institutions to formulate and regulate balanced environmental
policies for environmental safety and reduced energy poverty. This study
further recommends increases in urbanization, personal remittances, and
enhanced energy efficiency to minimize energy poverty.