The Impact of Electricity Production
Sources on CO
2
Emission in BRICS
Countries: A GMM and Quantile
Regression Analysis
Liton Chandra Voumik
1,*
, Md. Shaddam Hossain
1
,
Md. Azharul Islam
1
and Abidur Rahaman
2
1
Department of Economics, Noakhali Science and Technology University,
Noakhali, Bangladesh-3814
2
Dept. of Information & Communication Engg, Noakhali Science and Technology
University, Noakhali, Bangladesh-3814
E-mail: litonvoumik@gmail.com; rajueco09@gmail.com;
azharulislamnstu@gmail.com; abid317509@gmail.com
*
Corresponding Author
Received 22 March 2022; Accepted 12 June 2022;
Publication XX XXXXXX XXXX
Abstract
Purpose: The threat of global warming has escalated as a result of indus-
trialization, urbanization, population growth, and lifestyle changes in Brazil,
Russia, India, China, and South Africa (BRICS). The amount of electricity
generated by various sources is directly influenced by their respective carbon
dioxide (CO
2
) emissions. This study’s primary goal is to determine which
sources are bad for the environment and which are not.
Methodology: Examining the impact of different energy generation sources
on CO
2
emissions using data from the BRICS. To analyze the data, pooled
OLS and Generalized Method of Moments (GMM) are used, as well as
Quantile Regression (QR).
Strategic Planning for Energy and the Environment, Vol. 41 4, 1–24.
doi: 10.13052/spee1048-5236.4143
© 2022 River Publishers