The Impact of Tourism and Financial Development on Energy Consumption and Carbon Dioxide Emission: Evidence from Post-communist Countries

2021 ◽  
Author(s):  
Arletta Isaeva ◽  
Raufhon Salahodjaev ◽  
Anastas Khachaturov ◽  
Shakhnoza Tosheva
Keyword(s):  
Carbon Dioxide ◽  
Energy Consumption ◽  
Financial Development ◽  
Carbon Dioxide Emission ◽  
Communist Countries ◽  
The Impact

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.

scholarly journals Eco House Design: A House Design to Reducing Carbon Dioxide Emission

2019 ◽  
Author(s):  
Tedi Ahmad Bahtiar ◽  
Amalia Nurjannah ◽  
Maryoko Hadi
Keyword(s):  
Carbon Dioxide ◽  
Energy Consumption ◽  
Greenhouse Gas ◽  
Co2 Emission ◽  
Fossil Fuels ◽  
Negative Impact ◽  
Carbon Dioxide Emission ◽  
Primary Energy ◽  
House Design ◽  
The Impact

Until 2016, fossil fuels as primary energy are included in the top three most widely used. The process of combustion of fossil fuels causes the release of tremendous amounts of carbon to the atmosphere. In the atmosphere, carbon turns into carbon dioxide (CO2) or often called greenhouse gas. Greenhouse gas has a negative impact on the environment: direct effects like acid rains, and indirect effects like global warming. In Indonesia, the buildings used 37.8 percent of the total national energy consumption and are directly responsible for 37.8 percent of CO2 emission. This study aims to discuss the impact of reducing energy consumption used by the household on the risk of greenhouse gases. A computer simulation was used to calculate energy consumption in buildings. A conversion method from building energy consumption to the amount of CO2 emission was used to determine the level of reduction of greenhouse gas risk. Some parameters were evaluated, such as building’s material (e.g., roof, wall) and building geometry. It was found that the energy consumption savings were around 66.1 percent and operational CO2 savings were obtained 923 kg/year.

scholarly journals The impact of socio-economic institutional change on agricultural carbon dioxide emission reduction in China

PLoS ONE ◽  
2021 ◽  
Vol 16 (5) ◽  
pp. e0251816
Author(s):  
Deng Jie Long ◽  
Li Tang
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Carbon Dioxide Emissions ◽  
Emission Reduction ◽  
Carbon Dioxide Emission ◽  
Carbon Sources ◽  
Diesel Oil ◽  
The Impact

With the change of social economic system and the rapid growth of agricultural economy in China, the amount of agricultural energy consumption and carbon dioxide emissions has increased dramatically. Based on the estimation of agricultural carbon dioxide emissions from 1991 to 2018 in China, this paper uses EKC model to analyze economic growth and agricultural carbon dioxide emissions. The Kaya method is used to decompose the factors affecting agricultural carbon dioxide emissions. The experimental results show that there is a co-integration relationship between economic growth and the total intensity of agricultural carbon emissions, and between economic growth and the intensity of carbon emissions caused by five types of carbon sources: fertilizer, pesticide, agricultural film, agricultural diesel oil and tillage. Economic growth is the main driving factor of agricultural carbon dioxide emissions. In addition, technological progress has a strong role in promoting carbon emission reduction, but it has a certain randomness. However, the impact of energy consumption structure and population size on carbon emissions is not obvious.

scholarly journals Unlocking the investment impact of biomass energy utilization on environmental degradation for an isolated island

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bright Akwasi Gyamfi ◽  
Divine Q. Agozie ◽  
Murad A. Bein ◽  
Festus Victor Bekun ◽  
Festus Fatai Adedoyin
Keyword(s):  
Carbon Dioxide ◽  
Energy Consumption ◽  
Carbon Dioxide Emission ◽  
Well Being ◽  
Biomass Energy ◽  
Energy Utilization ◽  
Series Data ◽  
Biomass Utilization ◽  
Content Type ◽  
The Impact

Purpose Discussions on environment-friendly production connected with the concerns of growing biomass emissions have gained much attention. In this regard, this study aims to explore the issue of biomass energy consumption and its related emission effects on the economic and environmental well-being of the economy of Cyprus. Design/methodology/approach This study sources time series data on specific variables from the Global Material Flow and the World Bank’s World Development Indicators (WDI, 2020) between 1990 and 2016. The Robust least square (ROB-L2) in conjunction with Pesaran autoregressive distributed lag (ARDL) methodology analysis techniques was used in addition to the Granger causality tests to examine the direction of causality flow between the variables under consideration. Findings The results indicate that biomass energy usage in the long run reduces pollution and negatively correlates with CO2 emissions level. Also, the decline of emission is influenced by increased foreign direct investment (FDI), thus, activities of foreign investors contribute to combating emission in the country. According to empirical results, non-renewable energy consumption showed both positive and negative influences on increased emission level, whereas economic growth is increasing carbon dioxide emission for the case of Cyprus. Originality/value This study applies current reliable data that offers renewed insights and sheds light on the state of affairs on biomass utilization from a developing country perspective. Additionally, it extends the discourse on the impact of biomass utilization on CO2 emissions by considering the impact of FDI, trade flow and energy consumption in a carbon-income function built on the liner version of the environmental Kuznets curve hypothesis. Although this is by no means exhaustive, the study pioneers the discourse on how FDI with biomass utilization among other relevant variables influences carbon dioxide emission.

The Nexus between Financial Development, Economic Growth and Energy Consumption in India: A VECM Technique

2020 ◽  
pp. 602-612
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
Consumer Price Index ◽  
Development Economic ◽  
Energy Prices ◽  
Vector Error Correction ◽  
Percent Increase ◽  
Growth Energy ◽  
The Impact

The demand for energy consumption requires efficient financial development in terms of bank credit. Therefore, this study examines the nexus between Financial Development, Economic Growth, Energy Prices and Energy Consumption in India, utilizing Vector Error Correction Model (VECM) technique to determine the nature of short and long term relationships from 2010 to 2019. The estimation of results indicates that a one percent increase in bank credits to private sector results in 0.10 percent increase in energy consumption and 0.28 percent increase in energy consumption responses to 1 percent increase in economic growth. It is also observed that the impact of energy price proxied by consumer price index is statistically significant with a negative sign indicating the consistency with the theory.

scholarly journals Thermodynamic Study of Energy Consumption and Carbon Dioxide Emission in Ironmaking Process of the Reduction of Iron Oxides by Carbon

Energies ◽  
2021 ◽  
Vol 14 (7) ◽  
pp. 1999
Author(s):  
Guanyong Sun ◽  
Bin Li ◽  
Hanjie Guo ◽  
Wensheng Yang ◽  
Shaoying Li ◽  
...  
Keyword(s):  
Carbon Dioxide ◽  
Energy Consumption ◽  
Iron Oxides ◽  
Volume Fraction ◽  
Minimum Energy ◽  
Carbon Dioxide Emission ◽  
Reduction Reactions ◽  
Co2 Output ◽  
Coupling Parameters ◽  
Ironmaking Process

Carbon included in coke and coal was used as a reduction agent and fuel in blast furnace (BF) ironmaking processes, which released large quantities of carbon dioxide (CO2). Minimizing the carbon consumption and CO2 output has always the goal of ironmaking research. In this paper, the reduction reactions of iron oxides by carbon, the gasification reaction of carbon by CO2, and the coupling reactions were studied by thermodynamic functions, which were derived from isobaric specific heat capacity. The reaction enthalpy at 298 K could not represent the heat value at the other reaction temperature, so the certain temperature should be confirmed by Gibbs frees energy and gas partial pressure. Based on Hess’ law, the energy consumption of the ironmaking process by carbon was calculated in detail. The decrease in the reduction temperature of solid metal iron has been beneficial in reducing the sensible heat required. When the volume ratio of CO to CO2 in the top gas of the furnace was given as 1.1–1.5, the coupling parameters of carbon gasification were 1.06–1.28 for Fe2O3, 0.71–0.85 for Fe3O4, 0.35–0.43 for FeO, respectively. With the increase in the coupling parameters, the volume fraction of CO2 decreased, and energy consumption and CO2 output increased. The minimum energy consumption and CO2 output of liquid iron production were in the reduction reactions with only CO2 generated, which were 9.952 GJ/t and 1265.854 kg/t from Fe2O3, 9.761 GJ/t and 1226.799 kg/t from Fe3O4, 9.007 GJ/t and 1107.368 kg/t from FeO, respectively. Compared with the current energy consumption of 11.65 GJ/t hot metal (HM) and CO2 output of 1650 kg/tHM of BF, the energy consumption and CO2 of ironmaking by carbon could reach lower levels by decreasing the coupled gasification reactions, lowering the temperature needed to generate solid Fe and adjusting the iron oxides to improve the iron content in the raw material. This article provides a simplified calculation method to understand the limit of energy consumption and CO2 output of ironmaking by carbon reduction iron oxides.

scholarly journals Decarbonization of Residential Building Energy Supply: Impact of Cogeneration System Performance on Energy, Environment, and Economics

Energies ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 2538
Author(s):  
Praveen K. Cheekatamarla
Keyword(s):  
Carbon Dioxide ◽  
Power Generation ◽  
Energy Consumption ◽  
Carbon Footprint ◽  
Residential Buildings ◽  
Building Energy ◽  
Primary Energy ◽  
Primary Energy Consumption ◽  
Cogeneration System ◽  
The Impact

Electrical and thermal loads of residential buildings present a unique opportunity for onsite power generation, and concomitant thermal energy generation, storage, and utilization, to decrease primary energy consumption and carbon dioxide intensity. This approach also improves resiliency and ability to address peak load burden effectively. Demand response programs and grid-interactive buildings are also essential to meet the energy needs of the 21st century while addressing climate impact. Given the significance of the scale of building energy consumption, this study investigates how cogeneration systems influence the primary energy consumption and carbon footprint in residential buildings. The impact of onsite power generation capacity, its electrical and thermal efficiency, and its cost, on total primary energy consumption, equivalent carbon dioxide emissions, operating expenditure, and, most importantly, thermal and electrical energy balance, is presented. The conditions at which a cogeneration approach loses its advantage as an energy efficient residential resource are identified as a function of electrical grid’s carbon footprint and primary energy efficiency. Compared to a heat pump heating system with a coefficient of performance (COP) of three, a 0.5 kW cogeneration system with 40% electrical efficiency is shown to lose its environmental benefit if the electrical grid’s carbon dioxide intensity falls below 0.4 kg CO2 per kWh electricity.

Causal nexus between energy consumption and carbon dioxide emission for Malaysia using maximum entropy bootstrap approach

2015 ◽  
Vol 22 (24) ◽  
pp. 19773-19785 ◽  
Author(s):  
Sehrish Gul ◽  
Xiang Zou ◽  
Che Hashim Hassan ◽  
Muhammad Azam ◽  
Khalid Zaman
Keyword(s):  
Carbon Dioxide ◽  
Energy Consumption ◽  
Maximum Entropy ◽  
Carbon Dioxide Emission ◽  
Bootstrap Approach ◽  
Causal Nexus

The nexus between financial development and energy consumption: Estimating the role of foreign direct investment, economic growth and urbanization

2021 ◽  
pp. 0958305X2110453
Author(s):  
Jaleel Ahmed ◽  
Shuja ur Rehman ◽  
Zaid Zuhaira ◽  
Shoaib Nisar
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Energy Consumption ◽  
Financial Development ◽  
Latin American ◽  
Direct Investment ◽  
Negative Impact ◽  
Positive Impact ◽  
Supply And Demand ◽  
The Impact

This study examines the impact of financial development on energy consumption for a wide array of countries. The estimators used for financial development are foreign direct investment, economic growth and urbanization. The study employed a panel data regression on 136 countries with time frame of years 1990 to 2019. The model in this study deploys system GMM technique to estimate the model. The results show that financial development has a significant negative impact on energy consumption overall. Foreign direct investment and urbanization has significant impact on energy consumption. Also, economic growth positive impact on energy consumption its mean that economic growth promotes energy consumption. When dividing further the sample into different groups of regions such as Asian, European, African, North/Latin American and Caribbean countries then mixed results related to the nexus between financial development and energy consumption with respect to economic growth, urbanization and foreign direct investment. The policymakers in these different groups of countries must balance the relationship between energy supply and demand to achieving the sustainable economic development.

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