PENGARUH INVESTASI HIJAU, EKSPOR, DAN HARGA ENERGI TERHADAP EMISI KARBONDIOKSIDA (CO2) DIMEDIASI OLEH KONSUMSI LISTRIK.
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Jun 1, 2023
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Penelitian ini bertujuan untuk menganalisis dan meneliti pengaruh investasi hijau, ekspor, dan harga energi terhadap emisi karbondioksida melalui konsumsi energi listrik. Penelitian dilakukan pada perusahaan manufaktur yang berada di wilayah Indonesia. Penelitian ini menggunakan analisis jalur dengan menggunakan Persamaan Struktural Permodelan (SEM-PLS). Hasil penelitian ini menunjukkan bahwa peningkatan nilai investasi hijau maka dapat meningkatkan emisi CO2. Namun berbeda dengan ekspor dan harga energi dimana setiap peningkatan nilai ekspor dan harga energi dapat menurunkan emisi CO2. Hasil lainnya menunjukkan peningkatan investasi hijau, ekspor, dan harga energi maka dapat meningkatkan konsumsi energi listrik. Selain itu, hasil penelitian ini menyimpulkan bahwa konsumsi energi listrik tidak dapat memediasi pengaruh investasi hijau, ekspor, dan harga energi terhadap emisi CO2
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Rokhmawati, A. (2020a). Profit decomposition: Analyzing the pathway from carbon dioxide emission reduction to revenues and costs. International Journal of Energy Economics and Policy, 10(4), 150–160. https://doi.org/10.32479/ijeep.9346
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Solihin dan Ratmono. (2021). Analisis SEM-PLS dengan WarpPLS 7.0 untuk Hubungan Nonlinier dalam Penelitian Sosial dan Bisnis. In Suparyanto dan Rosad (2015 (Vol. 5).
Voica, M. C., Panait, M., & Radulescu, I. (2015). Green Investments – Between Necessity, Fiscal Constraints and Profit. Procedia Economics and Finance, 22(November 2014), 72–79. https://doi.org/10.1016/s2212-5671(15)00228-2
Willis Jenkins, W. B. (2016). Sustainability Theory. 380–384. https://doi.org/10.1093/acref/9780190622664.001.0001
Xin-gang, Z., & Shu-ran, H. (2020). Does market-based electricity price affect China’s energy efficiency? Energy Economics, 91, 104909. https://doi.org/10.1016/j.eneco.2020.104909
Xu, B., & Lin, B. (2020). Investigating drivers of CO2 emission in China’s heavy industry: A quantile regression analysis. Energy, 206, 118159. https://doi.org/10.1016/j.energy.2020.118159
Yanto, H., Rofiah, A., & Bahlawan, Z. A. S. (2019). Environmental Performance and Carbon Emission Disclosures: A case of Indonesian Manufacturing Companies. Journal of Physics: Conference Series, 1387(1). https://doi.org/10.1088/1742-6596/1387/1/012005
Anisah, B. R. (2020). Eksistensi Investasi Hijau dalam Poros Pembangungan Ekonomi sebagai Bentuk Manifestasi Perlindungan atas Lingkungan Hidup. Padjadjaran Law Review, 8(1), 127–142.
Badan Pusat Statistik. (2021). Direktori Industri Manufaktur 2021. Direktori Industri Manufaktur 2021, 1118. Retrieved from https://www.bps.go.id/publication/2021/10/29/9e665258c573186f163133b2/direktori-industri-manufaktur-2021.html
Badan Pusat Statistik Indonesia. (2021). Neraca Emisi Gas Rumah Kaca dan Neraca Arus Energi Indonesia 2015-2019. 1–13. Retrieved from https://www.bps.go.id/publication/2021/12/29/c30381356693e6c5ee6389e7/neraca-arus-energi-dan-neraca-emisi-gas-rumah-kaca-indonesia-2015-2019.html
Behera, S. R., & Dash, D. P. (2017). The effect of urbanization, energy consumption, and foreign direct investment on the carbon dioxide emission in the SSEA (South and Southeast Asian) region. Renewable and Sustainable Energy Reviews, 70(April), 96–106. https://doi.org/10.1016/j.rser.2016.11.201
BPPT. (2019). Indonesia Energy Outlook 2019: The Impact of Increased Utilization of New and Renewable Energy on the National Economy.
Chang, R. D., Zuo, J., Zhao, Z. Y., Zillante, G., Gan, X. L., & Soebarto, V. (2017). Evolving theories of sustainability and firms: History, future directions and implications for renewable energy research. Renewable and Sustainable Energy Reviews, 72(November 2015), 48–56. https://doi.org/10.1016/j.rser.2017.01.029
Chen, X., Luo, Z., & Wang, X. (2017). Impact of efficiency, investment, and competition on low carbon manufacturing. Journal of Cleaner Production, 143, 388–400. https://doi.org/10.1016/j.jclepro.2016.12.095
Doval, E., & Negulescu, O. (2014). A Model of Green Investments Approach. Procedia Economics and Finance, 15(14), 847–852. https://doi.org/10.1016/s2212-5671(14)00545-0
Eyraud, L., Clements, B., & Wane, A. (2013). Green investment: Trends and determinants. Energy Policy, 60, 852–865. https://doi.org/10.1016/j.enpol.2013.04.039
He, L., Zhang, L., Zhong, Z., Wang, D., & Wang, F. (2019). Green credit, renewable energy investment and green economy development: Empirical analysis based on 150 listed companies of China. Journal of Cleaner Production, 208, 363–372. https://doi.org/10.1016/j.jclepro.2018.10.119
Hieu, V. M. (2022). Influence of Green Investment, Environmental Tax and Sustainable Environment: Evidence from ASEAN Countries. International Journal of Energy Economics and Policy, 12(3), 227–235. https://doi.org/10.32479/ijeep.13028
Huang, L., & Lei, Z. (2021). How environmental regulation affect corporate green investment: Evidence from China. Journal of Cleaner Production, 279, 123560. https://doi.org/10.1016/j.jclepro.2020.123560
Irwhantoko, I., & Basuki, B. (2016). Carbon Emission Disclosure: Studi pada Perusahaan Manufaktur Indonesia. Jurnal Akuntansi Dan Keuangan, 18(2), 92–104. https://doi.org/10.9744/jak.18.2.92-104
KURNIA, P., DARLIS, E., & PUTRA, A. A. (2020). Carbon Emission Disclosure, Good Corporate Governance, Financial Performance, and Firm Value. Journal of Asian Finance, Economics and Business, 7(12), 223–231. https://doi.org/10.13106/JAFEB.2020.VOL7.NO12.223
Li, K., Fang, L., & He, L. (2019). How population and energy price affect China’s environmental pollution? Energy Policy, 129(September 2018), 386–396. https://doi.org/10.1016/j.enpol.2019.02.020
Lin, B., & Zhu, J. (2020). Chinese electricity demand and electricity consumption efficiency: Do the structural changes matter? Applied Energy, 262(December 2019), 114505. https://doi.org/10.1016/j.apenergy.2020.114505
Marin, G., & Vona, F. (2021). The impact of energy prices on socioeconomic and environmental performance: Evidence from French manufacturing establishments, 1997–2015. European Economic Review, 135, 103739. https://doi.org/10.1016/j.euroecorev.2021.103739
Paudel, R. C., Thapa-Parajuli, R., & Alharthi, M. (2020). Electricity consumption and export performance: Evidence from Nepal. International Journal of Energy Economics and Policy, 10(6), 529–535. https://doi.org/10.32479/ijeep.10524
Rachman, H. H. (2018). Diskusi Interaktif: mewujudkan Investasi Perubahan Iklim Perkebangan, Tantangan dan Peluang Pada Fetival Iklim 2018: Arah dan Kebijakan Green Invesment. hal. 10.
Rahman, M. M. (2020). Environmental degradation: The role of electricity consumption, economic growth and globalisation. Journal of Environmental Management, 253(November 2018), 109742. https://doi.org/10.1016/j.jenvman.2019.109742
Rokhmawati, A. (2020a). Profit decomposition: Analyzing the pathway from carbon dioxide emission reduction to revenues and costs. International Journal of Energy Economics and Policy, 10(4), 150–160. https://doi.org/10.32479/ijeep.9346
Rokhmawati, A. (2020b). The nexus between type of energy consumed, CO2 emissions, and carbon-related costs. International Journal of Energy Economics and Policy, 10(4), 172–183. https://doi.org/10.32479/ijeep.9246
Rokhmawati, A. (2021). The nexus among green investment, foreign ownership, export, greenhouse gas emissions, and competitiveness. Energy Strategy Reviews, 37(July), 100679. https://doi.org/10.1016/j.esr.2021.100679
Roy, J., & Yasar, M. (2015). Energy efficiency and exporting: Evidence from firm-level data. Energy Economics, 52, 127–135. https://doi.org/10.1016/j.eneco.2015.09.013
Salahuddin, M., Alam, K., Ozturk, I., & Sohag, K. (2018). The effects of electricity consumption, economic growth, financial development and foreign direct investment on CO2 emissions in Kuwait. Renewable and Sustainable Energy Reviews, 81(February), 2002–2010. https://doi.org/10.1016/j.rser.2017.06.009
Sarkodie, S. A., & Strezov, V. (2019). Effect of foreign direct investments, economic development and energy consumption on greenhouse gas emissions in developing countries. Science of the Total Environment, 646, 862–871. https://doi.org/10.1016/j.scitotenv.2018.07.365
Shahbaz, M., Salah Uddin, G., Ur Rehman, I., & Imran, K. (2014). Industrialization, electricity consumption and CO2 emissions in Bangladesh. Renewable and Sustainable Energy Reviews, 31, 575–586. https://doi.org/10.1016/j.rser.2013.12.028
Singh, D. P., & Dwevedi, A. (2018). Production of clean energy by green ways. In Solutions to Environmental Problems Involving Nanotechnology and Enzyme Technology. https://doi.org/10.1016/B978-0-12-813123-7.00002-5
Sintesis, L., & Pachauri, R. K. (2014). Perubahan Iklim 2014.
Solihin dan Ratmono. (2021). Analisis SEM-PLS dengan WarpPLS 7.0 untuk Hubungan Nonlinier dalam Penelitian Sosial dan Bisnis. In Suparyanto dan Rosad (2015 (Vol. 5).
Voica, M. C., Panait, M., & Radulescu, I. (2015). Green Investments – Between Necessity, Fiscal Constraints and Profit. Procedia Economics and Finance, 22(November 2014), 72–79. https://doi.org/10.1016/s2212-5671(15)00228-2
Willis Jenkins, W. B. (2016). Sustainability Theory. 380–384. https://doi.org/10.1093/acref/9780190622664.001.0001
Xin-gang, Z., & Shu-ran, H. (2020). Does market-based electricity price affect China’s energy efficiency? Energy Economics, 91, 104909. https://doi.org/10.1016/j.eneco.2020.104909
Xu, B., & Lin, B. (2020). Investigating drivers of CO2 emission in China’s heavy industry: A quantile regression analysis. Energy, 206, 118159. https://doi.org/10.1016/j.energy.2020.118159
Yanto, H., Rofiah, A., & Bahlawan, Z. A. S. (2019). Environmental Performance and Carbon Emission Disclosures: A case of Indonesian Manufacturing Companies. Journal of Physics: Conference Series, 1387(1). https://doi.org/10.1088/1742-6596/1387/1/012005