Renewable energy, nonrenewable energy, and environmental quality nexus: An investigation of the N-shaped Environmental Kuznets Curve based on six environmental indicators

The current research evaluated the role of non-renewable and renewable energy consumption in environmental sustainability following the N-shaped Environmental Kuznets Curve framework controlling financial development, population density, and composite trade share. Unlike previous studies, this research used six indices to depict environmental deterioration and environmental quality. More precisely, pressures on nature, ecological footprints, environmental vulnerability, and adjusted net saving are employed to represent environmental deterioration, while environmental performances and environmental sustainability are adopted to proxy environmental quality. The Dynamic Seemingly Unrelated Regression Equations were used on panel data from 1994 to 2019 in the selected Organization of the Petroleum Exporting Countries.