This　research　for　the　first　time　examines　the　influence　of　the　financial　development,　stock　market,　globalization,　institutional　quality,　economic　growth,　electricity,　and　renewable　energy　consumption　on　carbon　dioxide　emission　from　1985　to　2018　in　thirty-six　(OECD)　countries.　Cointegrations　exist　in　the　used　variables　based　on　the　examined　findings　of　the　Kao,　Westerlund,　and　Pedroni　cointegration.　Findings　of　the　pooled　mean　group　(PMG)　indicate　that　renewable　energy　consumption,　globalization,　and　institutional　quality　assist　to　reduce　the　carbon　dioxide　emission　that　improve　the　environment　while　financial　development,　stock　market,　electricity　consumption,　and　economic　growth　cause　to　increase　the　carbon　dioxide　emission　in　OECD　countries　both　in　the　long　and　in　the　short　run.　To　reduce　carbon　dioxide　emission,　important　policy　implications　are　suggested　for　OECD　countries.