Energy is a vital source for socio-economic activities by sustaining livelihoods and well-being while fostering sustainable development (Owusu and Asumadu 2016). However, the role of energy—typically fossil fuels—in promoting environmental pollution has raised several global concerns (Sarkodie and Strezov 2018). Thus, achieving sustainable economic growth by preserving environmental quality remains topical and timely since the last century.
Sustainable development goals (SDGs) of the United Nations (2015–2030 period) have emphasized the importance of achieving economic growth by adopting SDG 8 (decent work and economic growth), but the goal offers
a potential trade-off between sustained economic development and environmental quality. To mitigate greenhouse gas (GHG) emissions and enhance environmental quality while achieving sustained economic growth, the United Nations adopted SDG 7—of ensuring accessible, sustainable, reliable, affordable, and modern energy for all. However, modern energy reduces the double burden of climate change by improving environmental quality, reducing poverty rates, hunger, creating employment opportunities, and promoting economic development (Bhattacharya et al. 2016; Owusu and Asumadu 2016; Luqman et al. 2019). Read here the full article