From crude to green: Exploring energy indicators and sustainability nexus through wavelet quantile correlation

Key Points

• The correlation analysis indicates a strong relationship between energy indicators and sustainability metrics, especially in transitioning to green energy.
• Wavelet quantile correlation shows detailed dynamics over time, emphasizing periods of significant change in energy sustainability.
• This observational analysis utilized advanced statistical methods to assess interdependencies between energy indicators, revealing intricate patterns.
• The implications highlight the need for further exploration of these correlations to support effective green energy policies.