
ECONOMICS - SOCIETY https://jst-haui.vn HaUI Journal of Science and Technology Vol. 60 - No. 11E (Nov 2024)
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ENVIRONMENTAL SUSTAINABILITY IN FRANCE: THE ROLE OF GDP GROWTH, GOVERNMENT FINAL CONSUMPTION EXPENDITURE, RENEWABLE ENERGY AND NUCLEAR ENERGY
Nguyen Manh Hung1,* DOI: http://doi.org/10.57001/huih5804.2024.354 ABSTRACT
France, significantly impacted by climate change and pressured by
international treaties on environmental protection, aims for net zero
emissions by 2050, supported by the National Climate Change Strategy and
the Just Energy Transition Partnership (JETP).
This study examines the impact
of alternative energy resources, natural resources, and government spending
on France's ecological sustainability from 2000 to 2021, emphasizing the
Environmental Kuznets Curve (EKC) framework and the theory of linear
regression models. The findings reveal an inverse relationship between CO2
emissions and renewable energy and nuclear share on both total energy
supply and final consumption. While CO2
emissions negatively correlate with
economic growth, natural resources rent, total energy supply and usage
proving the compatibility of France sustainable economy toward the EKC
curve. Effective policies require equitable distribution and adherence to
reg
ulations. France should enhance renewable energy adoption, ensure the
nuclear p
ower security, enforce stricter regulations on natural resource
exploitation, integrate environmental impact assessments into economic
planning, developing more on energy transition, expanding further
sustainable economic growth and foster public awareness
and education on
sustainable practices while maintaining a prosperous economy independent
from natural resources extraction. These strategies will support France’s
transition to a sustainable economy, aligning economic growth with
environmental preservation. Keywords:
Alternative energy, carbon emissions, environmental
sustainability, net zero emissions, EKC model.
1East Asia University of Technology, Vietnam *Email: hungnm@eaut.edu.vn Received: 13/5/2024 Revised: 21/7/2024 Accepted: 28/11/2024 1. INTRODUCTION Global concerns include climate change, desertification, deforestation, coastal erosion, overfishing, biodiversity loss, and soil degradation, all driven by human activity. Energy conservation is key to reducing demand and environmental impact, as most energy comes from non-renewable fossil fuels. Cutting energy use saves money and benefits the environment. Environmental concerns, such as air quality and acid rain, have shaped energy practices and investments. The energy sector, responsible for most global greenhouse gas emissions, faces climate change policy impacts. Promoting synergies between energy and environmental policies is crucial. Combating climate change requires investing in renewable energy and moving away from fossil fuels to keep temperatures below 2°C. Fossil fuel combustion causes significant air pollution and global environmental issues. Energy is vital for economic prosperity but poses environmental challenges. Addressing air pollution and greenhouse gas emissions together offers comprehensive solutions. Many countries have made progress, but challenges remain. France aims for carbon neutrality by 2050 and is accelerating its energy transition with investments in hydrogen, sustainable mobility, and building retrofits as part of its recovery plan and 2030 strategy. The objectives of this paper are to analyse the factors influencing the CO2 emissions of France, to determine the pivotal impact of France's path toward sustainability, and how it is affected by key factors such as Government Final Consumption Expenditure (GFCEinUSD), Government