International Conference on Environment, Energy and Biotechnology, Jeju-Si, Güney Kore, 25 - 27 Temmuz 2025, ss.31-32, (Özet Bildiri)
The world witnessed the implementation of various trade liberalization policies in the past which reduced barriers to international trade and fostered economic integration. This is now being reversed as non-tariff measures are continuously being increased. This study evaluates how this will affect energy transition in 10 large emerging market economies. Panel data between 1990 and 2020 were analysed using panel-quantile-type methods. The results reveal a predominantly positive impact of non-tariff barriers on renewable energy use. This indicates that increasing geoeconomic fragmentation through the imposition of more or/and tougher non-tariff barriers promotes energy transition. Our inference from this outcome is that, in an attempt to mitigate non-renewable energy dependence, the large emerging markets may be speeding up their transition away from fossil fuels and geoeconomic fragmentation may be helping them achieve this objective. This study establishes that the non-tariff barriers favor climate change mitigation and economic integration is not necessary to reinforce energy transition in large emerging market economies. The new trend of geoeconomic fragmentation will expand energy security options by promoting self-reliance in energy. Therefore, other countries must seek to advance their clean energy capacity to avoid energy supply shocks that may arise from geoeconomic fragmentation.