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Pollutant Emissions, Energy Consumption and Economic Growth in Nigeria

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Release : 2015
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Kind : eBook
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Book Synopsis Pollutant Emissions, Energy Consumption and Economic Growth in Nigeria by : Philip O. Alege

Download or read book Pollutant Emissions, Energy Consumption and Economic Growth in Nigeria written by Philip O. Alege. This book was released on 2015. Available in PDF, EPUB and Kindle. Book excerpt: The study investigates the direction of causal relationships among emissions, energy consumption and economic growth in Nigeria using annual time series data for the period 1970-2013. The Johansen maximum likelihood cointegration tests indicate an existence of a unique cointegrating vector, and the normalized long run estimates shows that fossil fuel enhances carbon emissions whereas, clean energy source (electricity) mitigate the atmospheric concentration of CO2 emissions. Similarly, the Wald exogeneity Granger causality test indicates an existence of unidirectional causation running from fossil fuel to CO2 emissions and GDP per capita. Alternatively, non-fossil energy (electric power) causes more proportionate change in GDP per capita but our result could not establish any causal link between electric power and carbon emissions. Finally, charting a channel towards ensuring sustainable environment and economic development involves a progressive substitutability of clean energy sources for fossil consumption.

Comparative Analysis of the Growth Impact of Pollution and Energy Use in Selected West African Nations

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Release : 2022
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Kind : eBook
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Book Synopsis Comparative Analysis of the Growth Impact of Pollution and Energy Use in Selected West African Nations by : Peter Ekundayo Mesagan

Download or read book Comparative Analysis of the Growth Impact of Pollution and Energy Use in Selected West African Nations written by Peter Ekundayo Mesagan. This book was released on 2022. Available in PDF, EPUB and Kindle. Book excerpt: We adopt the FMOLS and Granger causality technique to analyse the effect of energy use and carbon emissions on output growth in selected West African economies, which includes Nigeria, Gambia and Ghana, from 1970 to 2019. Findings confirm that energy use enhances growth in the three selected West African economies. But in terms of significance, energy consumption is significant in Nigeria and Gambia at a 1% level of significance while it is insignificant for the Gambia. CO2 emission positively and significantly propels economic growth for the three selected West African economies. For Nigeria, causality evidence shows no direct influence among the variables. For Ghana, we find a bi-causal association between output growth and carbon emissions and a unidirectional causality from pollution to energy consumption. For Gambia, economic growth causes CO2 emissions. We recommend that the West African government reinforce their stand on a sustainable growth path through energy conservation.

The Effect of Renewable, Non- Renewable and Biomass Energy Consumption and Economic Growth on Co2 emission in Ethiopia

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Release : 2020-06-24
Genre : Political Science
Kind : eBook
Book Rating : 546/5 ( reviews)

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Book Synopsis The Effect of Renewable, Non- Renewable and Biomass Energy Consumption and Economic Growth on Co2 emission in Ethiopia by : Zerebruk Wolde

Download or read book The Effect of Renewable, Non- Renewable and Biomass Energy Consumption and Economic Growth on Co2 emission in Ethiopia written by Zerebruk Wolde. This book was released on 2020-06-24. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2017 in the subject Business economics - Economic Policy, grade: Very Good, Addis Ababa University (School of Economics), course: Economics, language: English, abstract: Recognizing the fact that the current reliance on traditional sources of energy is unsustainable, particularly from environmental grounds, the international community considers renewable sources of energy as a possible solution. But the effect of renewable and other sources of energy has to be evaluated in each country context separately. Hence the current study aim to examine the effect of consumption of energy from different sources (biomass, non-renewable and renewable) and economic growth on the emission of CO2 (the major gas emitted from the energy sector) in Ethiopia (a country embarking to modern renewable energy sources) using Autoregressive Distributive Lag (ARDL) methodological framework. Results of unit root test shows that all the variables are non-stationary in their level forms and stationary in their first difference. Bound test for co integration shows the existence of long run co integrating relationship among the variables. From the results, biomass energy is found to positively affect emission of CO2 in the long run. Non-renewable energy consumption also increases emission of the gas in both in the short run and long run significantly. In addition economic growth of the country under the study period leads to increase in emission of the gas. Therefore; it can be inferred that non-renewable (fuel) energy, biomass energy consumptions and the general economic growth of the country results in increase in emission of CO2 in Ethiopia and are not in harmony with the country’s objective of making the energy sector and the overall economic activity benign to the environment.

Environmental Kuznets Curve (EKC)

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Release : 2019-05-13
Genre : Business & Economics
Kind : eBook
Book Rating : 963/5 ( reviews)

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Book Synopsis Environmental Kuznets Curve (EKC) by : Burcu Özcan

Download or read book Environmental Kuznets Curve (EKC) written by Burcu Özcan. This book was released on 2019-05-13. Available in PDF, EPUB and Kindle. Book excerpt: Environmental Kuznets Curve (EKC): A Manual provides a comprehensive summary of the EKC, summarizing work on this economic tool that can analyze environmental pollution problems. By enabling users to reconcile environmental and economic development policies, Environmental Kuznets Curve studies lend themselves to the investigation of the energy-growth and finance-energy nexus. The book obviates a dependence on outmoded tools, such as carrying capacity, externalities, ecosystem valuation and cost benefit analysis, while also encouraging flexible approaches to a variety of challenges. - Provides a comprehensive summary of EKC studies, including advances in econometrics, literature reviews and historical perspectives - Outlines solutions to common problems in applying EKC techniques by reviewing major case studies - Explores frequently-utilized proxies for environmental quality

Handbook of Research on Energy and Environmental Finance 4.0

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Release : 2022-02-18
Genre : Business & Economics
Kind : eBook
Book Rating : 11X/5 ( reviews)

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Book Synopsis Handbook of Research on Energy and Environmental Finance 4.0 by : Rafay, Abdul

Download or read book Handbook of Research on Energy and Environmental Finance 4.0 written by Rafay, Abdul. This book was released on 2022-02-18. Available in PDF, EPUB and Kindle. Book excerpt: Energy and environmental finance (EEF) is an emerging global phenomenon. During the last few decades, many countries started monitoring EEF practices. Major components of these practices include costs, fraud, scandals, and more. Among several problems, the most prevalent is the lack of awareness about the issues of EEF among various stakeholders. The Handbook of Research on Energy and Environmental Finance 4.0 is an international reference that provides understanding and lessons learned in all aspects of EEF in individual, organizational, and societal experiences. This book examines research in the shape of experience, implementation, and application. Covering topics such as clean power, energy poverty, and environmental degradation, this book is a dynamic resource for academicians, researchers, professionals who work within the domains of EEF, EEF regulators, scholars of EEF, managers involved in EEF organizations, law practitioners involved in EEF regulations, auditors involved in audit and control systems of EEF, university professors, and students pursuing studies and research in EEF.

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