Analysing Nexus between Economic Growth, GHG Emissions, and Energy Consumption for India

2021 ◽  
Vol 17 (1) ◽  
pp. 1-16
Author(s):  
Asim Hasan ◽  
Rahil Akhtar Usmani
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Carbon Emissions ◽  
Series Data ◽  
Gas Emissions ◽  
Current Time ◽  
Causal Influence ◽  
Integration Test

Rising greenhouse gas emissions is an important issue of the current time. India’s massive greenhouse gas emissions is ranked third globally. The escalating energy demand in the country has opened the gateway for further increase in emissions. Recent studies suggest strong nexus between energy consumption, economic growth, and carbon emissions. This study has the objective to empirically test the aforementioned interdependencies. The co-integration test and multivariate vector error correction model (VECM) are used for the analysis and the Granger Causality test is used to establish the direction of causality. The time-series data for the period of 1971–2011 is used for the analysis. The results of the study confirm strong co-integration between variables. The causality results show that economic growth exerts a causal influence on carbon emissions, energy consumption exerts a causal influence on economic growth, and carbon emissions exert a causal influence on economic growth. Based on the results, the study suggests a policy that focuses on energy conservation and gradual replacement of fossil fuels with renewable energy sources, which would be beneficial for the environment and the society.

scholarly journals ENERGY CONSUMPTION, ECONOMIC GROWTH AND GREENHOUSE GAS EMISSIONS IN THE EUROPEAN UNION COUNTRIES

2017 ◽  
Vol 18 (6) ◽  
pp. 1082-1097 ◽  
Author(s):  
Giedrė LAPINSKIENĖ ◽  
Kęstutis PELECKIS ◽  
Neringa SLAVINSKAITĖ
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Climate Change Policy ◽  
Positive Sign ◽  
The European Union ◽  
Gas Emissions ◽  
Consumption Energy ◽  
Energy Taxes

This paper investigates the relationship between economic growth, greenhouse gas emissions and other factors based on the panel data of 22 countries of the EU in the period 1995–2014. The fixed effect panel model was used as a framework for the analysis. The novel contribution of this paper is that the factors of economic growth, energy consumption, energy taxes as well as R&D were tested in one expanded EKC model, including the data of three Baltic States. The regression coefficients referring to GDP, Energy consumption have a positive sign, while R&D and Energy taxes have a negative sign. The empirical analysis combines two steps of evaluation of panel models of different groups of countries. The results imply that the analysed factors (energy consumption, energy taxes as well as R&D) can be applied to adjust the EKC trend in the region and might be useful for the climate change policy adjustment.

RETRACTED: Causal links between greenhouse gas emissions, economic growth and energy consumption in Pakistan: A fatal disorder of society

2013 ◽  
Vol 25 ◽  
pp. 166-176 ◽  
Author(s):  
Muhammad Azhar Khan ◽  
Muhammad Zahir Khan ◽  
Khalid Zaman ◽  
Muhammad Mushtaq Khan ◽  
Hina Zahoor
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Gas Emissions

scholarly journals Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries

2021 ◽  
Vol 13 (24) ◽  
pp. 13611
Author(s):  
José Alberto Fuinhas ◽  
Matheus Koengkan ◽  
Nuno Carlos Leitão ◽  
Chinazaekpere Nwani ◽  
Gizem Uzuner ◽  
...  
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Energy Consumption ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Electric Vehicles ◽  
Ordinary Least Squares ◽  
Gas Emissions ◽  
Battery Electric Vehicles ◽  
The Eu

This analysis explored the effect of battery electric vehicles (BEVs) on greenhouse gas emissions (GHGs) in a panel of twenty-nine countries from the European Union (EU) from 2010 to 2020. The method of moments quantile regression (MM-QR) was used, and the ordinary least squares with fixed effects (OLSfe) was used to verify the robustness of the results. The MM-QR support that in all three quantiles, economic growth causes a positive impact on GHGs. In the 50th and 75th quantiles, energy consumption causes a positive effect on GHGs. BEVs in the 25th, 50th, and 75th quantiles have a negative impact on GHGs. The OLSfe reveals that economic growth has a negative effect on GHGs, which contradicts the results from MM-QR. Energy consumption positively impacts GHGs. BEVs negatively impacts GHGs. Although the EU has supported a more sustainable transport system, accelerating the adoption of BEVs still requires effective political planning to achieve net-zero emissions. Thus, BEVs are an important technology to reduce GHGs to achieve the EU targets of decarbonising the energy sector. This research topic can open policy discussion between industry, government, and researchers, towards ensuring that BEVs provide a climate change mitigation pathway in the EU region.

scholarly journals The China-India Challenge: A Comparison Of Causes And Effects Of Global Warming

2010 ◽  
Vol 9 (3) ◽  
Author(s):  
Betty J. Diener ◽  
William P. Frank
Keyword(s):  
Economic Growth ◽  
Global Warming ◽  
Energy Consumption ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Gas Emissions ◽  
China And India ◽  
The World ◽  
The Will ◽  
Do So

It is likely that the future environment of our globe depends on the actions taken by China and India as they develop into two of the three largest economies in the world over the next twenty-five years.  The global warming problem alone will be dominated by the total greenhouse gas emissions from these two countries.  This article summarizes the economic growth of these two countries, the resulting increasing environmental problems, the trends and impacts of increased energy consumption, the trends and impacts of greenhouse gas emissions, and the potential for reducing these impacts, should the two countries have the will to do so.

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