Does globalization matter for environmental degradation? Nexus among energy consumption, economic growth, and carbon dioxide emission

Energy Policy ◽  
2021 ◽  
Vol 153 ◽  
pp. 112230
Author(s):  
Wen Jun ◽  
Nafeesa Mughal ◽  
Jin Zhao ◽  
Malik Shahzad Shabbir ◽  
Gniewko Niedbała ◽  
...  
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Environmental Degradation ◽  
Carbon Dioxide Emission

scholarly journals Is China’s target of a 40-45% reduction in carbon dioxide emission plausible?

2017 ◽  
Vol 5 (1) ◽  
pp. 46-50 ◽  
Author(s):  
Mpho Bosupeng
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Carbon Dioxide Emission ◽  
Environmental Preservation ◽  
Carbon Taxation ◽  
Reduce Emissions ◽  
Potential Damage ◽  
Reduce Carbon Dioxide

AbstractIn the early days of industrialisation, economists believed that the ramifications of economic growth will far outweigh the potential damage to the environment. Today the concern is the rising magnitude of emissions. Many economies are under immense pressure to reduce carbon dioxide emissions. Carbon taxation and absorption technologies seem to be the main mechanisms controlling emissions in different nations. China proposed her target of reducing carbon dioxide emissions by 40-45% by 2025. The purpose of this study is to determine if China’s ambition of reducing its carbon dioxide emissions is feasible. This investigation also examines the potential effects of China's emissions on the economic growth of other countries. The study demonstrates that China’s target may not only reduce her output, but may also adversely affect the economic growth of others. This article further reveals that unemployment in China is likely to soar during the reduction in emissions and energy consumption. Additionally, this paper evaluates the effects of green taxation on carbon dioxide emissions. In conclusion, there is a possibility that China may reach her emissions target by 2025. However, the country faces a dilemma between economic growth and environmental preservation. It is recommended that China should explore techniques which will reduce emissions but not impinge negatively on economic growth.

scholarly journals Energy Consumption, Environmental Degradation and Growth: A Panel Data Analysis

2020 ◽  
pp. 1-6
Author(s):  
Sayed Kushairi Sayed Nordin ◽  
Siok Kun Sek
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Environmental Degradation ◽  
Low Income ◽  
Cointegration Test ◽  
Low Income Countries ◽  
Long Run ◽  
Short Run ◽  
The Relationship

Energy is essential as an input to develop economic, although it could bring negative effect on environmental quality. The relationship between energy consumption, environmental degradation and economic growth have been widely studied, but there is no consistency in the relationship. The objectives of this study are to determine the short-run relationship (one-way or bidirectional) and to reveal the long-run relationship for each pair of variables. The second-generation panel unit root and cointegration test were used in the analysis. Breusch-Pagan LM test suggests that there is a cross-sectional dependency for all the models and integrated of order one, I (1). Cointegration test indicates that economic growth has long-relationship with carbon dioxide and energy consumption in high-income countries. In low-income countries, carbon dioxide has a long-run relationship with energy consumption and economic growth. In the short run, we have evidence of a bidirectional relationship between energy consumption and economic growth in high-income countries but a one-way relationship in low-income countries. Overall, it can be concluded that the three variables are related. This study develops a deeper awareness and understanding of the relationship between the variables in distinct levels of economies. Keywords: energy consumption; CO2, economic growth

scholarly journals Link among energy consumption, carbon dioxide emission, economic growth, population, poverty, and forest area

2018 ◽  
Vol 45 (2) ◽  
pp. 275-285 ◽  
Author(s):  
Rabiul Islam ◽  
Ahmad Bashawir Abdul Ghani
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Foreign Direct Investment ◽  
Energy Consumption ◽  
Direct Investment ◽  
Carbon Dioxide Emission ◽  
The Philippines ◽  
Content Type ◽  
Asean Countries ◽  
Negative Impacts

Purpose The purpose of this paper is to investigate the relationship among energy consumption (EC), carbon dioxide emission, economic growth, foreign direct investment, population, poverty, and income of four Association of South East Asian Nations (ASEAN) countries, namely, Malaysia, Singapore, Brunei, and the Philippines. Design/methodology/approach An econometric analysis was used to achieve the goal of this study taking the period of 1995-2014. Findings The results of the study motivated the researcher to recommend that four ASEAN countries, namely, Malaysia, Singapore, Brunei, and the Philippines should increase their energy efficiency, increase the share of green energy from their total energy use, and increase energy conservation in order to reduce the unnecessary wastage of energy. Originality/value The findings validate that economic growth, population, and income have positive and statistically significant impacts on EC, while carbon dioxide emission, foreign direct investment and poverty have negative impacts on EC for Malaysia. Economic growth, income and poverty have positive and statistically significant impacts on EC, while carbon dioxide emission, foreign direct investment and population have negative impacts on EC for Singapore. Carbon dioxide emission and foreign direct investment have positive and statistically significant impacts on EC, while economic growth, population, poverty and income have negative impacts on EC for the Philippines. Finally, economic growth, carbon dioxide emission and income have positive and statistically significant impacts on EC, while foreign direct investment, population and poverty have negative impacts on EC for Malaysia.

scholarly journals FUEL SUBSIDY, ENERGY CONSUMPTION AND ENVIRONMENTAL OUTCOMES IN NIGERIA

2020 ◽  
Vol 5 (1) ◽  
pp. 21-43
Author(s):  
Folorunso Sunday Ayadi ◽  
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Fuel Consumption ◽  
Fossil Fuel ◽  
Greenhouse Gas Emission ◽  
Trade Openness ◽  
Carbon Dioxide Emission ◽  
Fossil Fuel Consumption ◽  
The Impact

This study investigates the impact of energy subsidy, energy consumption, urbanization, economic growth, foreign direct investment, and trade openness on carbon dioxide emission and other greenhouse gases in Nigeria. Based on the method of cointegration and Autoregressive Distributed Lag (ARDL), the study utilized data from 1970 to 2018 for the analysis. The study found fossil fuel consumption, economic growth, trade openness and PMS Price (a proxy for subsidy) as significantly increasing emission (Carbon dioxide) in Nigeria. The implication is that as that as the prices of PMS goes up (due to subsidy reduction), more of fuel is consumed. Our analysis demonstrated that PMS is price inelastic in Nigeria. In addition, subsidy or its removal will have no impact on carbon dioxide emission and other greenhouse gas emission in Nigeria. The study recommends the development of cleaner, renewable fuels and the development of abatement technology so as to mitigate the environmental impacts of growth. In addition, since the reduction in subsidy has no deterrent impact on fossil fuel consumption in Nigeria, then the recent removal of fossil fuel subsidy in Nigeria is a welcome development at least for the environment.

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