Macroeconomics

Engineering

Ecology

Biology

Materials science

Social psychology

Shock (circulatory)

Economics

Openness to experience

Boom

Business

Environmental engineering

Recession

Greenhouse gas

Nanotechnology

Psychology

Renewable energy

Emerging technologies

Internal medicine

Environmental science

Medicine

International economics

Natural resource economics

Electrical engineering

Technology in Society

This research scrutinizes the cyclical impact of innovation in environmental-related technologies on CO2 emanations for the United States from 1990Q1 to 2016Q4. First, the findings point out that positive shocks in innovation in environmental-related technologies during the expansion phase lead to a decrease in CO2emissions. Second, the results highlight that negative shocks in innovation in environmental-related technologies during the contraction phase increase CO2 emissions. Third, the results also indicate that gross domestic product and trade openness have a positive impact on CO2 emissions. Fourth, the findings signify that renewable energy consumption serves as an effective measure to mitigate CO2emissions. Government is suggested that certain measures supporting innovation in environmental-related technologies during the boom and recession periods be implemented to reduce CO2 emissions in the United States.

Do innovation in environmental-related technologies asymmetrically affect carbon dioxide emissions in the United States?