Comparative Study of the Impact of CO2 Emission on Income
Emissions of global warming gases continue to rise as the world burns ever more coal, oil and gas for energy. The article, aims to run an investigation nexus between carbon dioxide (CO2) emission per capita and economic growth of energy consumption in over the period 1990-2100. To evaluate the impact of CO2 emission on relative variables, this study verifies that there is positive long-run relationship among CO2 emissions, Electric power consumption and Energy use. This paper also proves bi-directional causality between CO2 emission and electric power consumption (modeling the impact of CO2 emission on output especially in Algeria and because of the vast majority of natural gas is imported from Algeria to Morocco so the authors use the same model for Morocco and compare the results obtained and see what the different causes that influence these results). The policy makers may evaluate exogenous effect to seeking economic growth for global climate warming and to formulate energy policies.