Evaluating the Effectiveness of Renewable Energy Policies in Achieving Net-Zero Emissions
DOI:
https://doi.org/10.47067/ramss.v8i2.513Keywords:
Renewable Energy, Net-Zero Emissions, Policy Impact, CO? Reduction, Quantitative Analysis, Underdeveloped Countries, Statistical Modeling, Energy TransitionAbstract
Using statistics from Germany, the US, India, Kenya and Bangladesh from the years 2010–2025, examine whether both developed and developing countries can achieve net-zero emissions by using renewable energy laws. The analysis uses both national data and information from international resources to run linear regression and time-series analysis on how expenditure in renewable energy (expressed in USD), renewable capacity (GW) and policies affect CO? emissions (MtCO?) in a single year. Renewable energy capacity and emissions have a strong negative connection (r = -0.89, p < 0.01), as almost three quarters (R² = 0.78) of the emissions difference is traced back to that relationship. We found that in Germany, there was a 42% reduction (p<0.05), in the United States a 29% decrease, in India a 20% drop, 14% in Kenya and 11% in Bangladesh. Not many investments were organized for Kenya and Bangladesh, but using help from international organizations and local solar projects, they still did make progress. Performance outcomes improved in cases where the policy was more serious and higher amounts of money were given, the ANOVA test found (F(4, 60) = 13.45, p < 0.001). In many cases, tighter rules for renewable energy lead to less pollution, although the end results depend on the local infrastructure. It is also obvious from the research that technology boosts the success of renewable projects, mainly in severely polluted nations. Those regions with well-established technology infrastructure recorded better results, showing how crucial better ideas and progress are. It argues that for the clean energy transition to happen for all, more money, more cooperation and wider dissemination of new technology are needed for lower-income countries. These kinds of projects supply the knowledge required to plan and regulate energy at the global level.
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