However, it is also worth noticing that when compared to itself, Luxembourg has been on a decreasing trend in terms of these emissions from 2012 (47.07t) to 2019 (36.44t).
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Do environmental taxes, environmental innovation, and energy resources matter for environmental sustainability: Evidence of five sustainable economies.
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In contrast, NREC's influence on CBCO 2 displays a positive trend, with coefficient values of (AMG: 0.136 and CCEMG: 0.191).