scholarly journals Assessing the Impact of COVID-19 on Global Fossil Fuel Consumption and Co2 Emissions

2020 ◽  
Author(s):  
L. Vanessa Smith ◽  
Nori Tarui ◽  
Takashi Yamagata
Keyword(s):  
Fuel Consumption ◽  
Co2 Emissions ◽  
Fossil Fuel ◽  
Fossil Fuel Consumption ◽  
The Impact

scholarly journals Assessing the impact of COVID-19 on global fossil fuel consumption and CO2 emissions

2021 ◽  
Vol 97 ◽  
pp. 105170
Author(s):  
L. Vanessa Smith ◽  
Nori Tarui ◽  
Takashi Yamagata
Keyword(s):  
Fuel Consumption ◽  
Co2 Emissions ◽  
Fossil Fuel ◽  
Fossil Fuel Consumption ◽  
The Impact

scholarly journals Using Quantile Regression to Analyze the Relationship between Socioeconomic Indicators and Carbon Dioxide Emissions in G20 Countries

2021 ◽  
Vol 13 (13) ◽  
pp. 7011
Author(s):  
Abdulaziz A. Alotaibi ◽  
Naif Alajlan
Keyword(s):  
Carbon Dioxide ◽  
Quantile Regression ◽  
Fuel Consumption ◽  
Co2 Emissions ◽  
Fossil Fuel ◽  
Trade Openness ◽  
Policy Coordination ◽  
Socioeconomic Indicators ◽  
Control Variables ◽  
Fossil Fuel Consumption

Numerous studies addressed the impacts of social development and economic growth on the environment. This paper presents a study about the inclusive impact of social and economic factors on the environment by analyzing the association between carbon dioxide (CO2) emissions and two socioeconomic indicators, namely, Human Development Index (HDI) and Legatum Prosperity Index (LPI), under the Environmental Kuznets Curve (EKC) framework. To this end, we developed a two-stage methodology. At first, a multivariate model was constructed that accurately explains CO2 emissions by selecting the appropriate set of control variables based on model quality statistics. The control variables include GDP per capita, urbanization, fossil fuel consumption, and trade openness. Then, quantile regression was used to empirically analyze the inclusive relationship between CO2 emissions and the socioeconomic indicators, which revealed many interesting results. First, decreasing CO2 emissions was coupled with inclusive socioeconomic development. Both LPI and HDI had a negative marginal relationship with CO2 emissions at quantiles from 0.2 to 1. Second, the EKC hypothesis was valid for G20 countries during the study period with an inflection point around quantile 0.15. Third, the fossil fuel consumption had a significant positive relation with CO2 emissions, whereas urbanization and trade openness had a negative relation during the study period. Finally, this study empirically indicates that effective policies and policy coordination on broad social, living, and economic dimensions can lead to reductions in CO2 emissions while preserving inclusive growth.

scholarly journals ANALYSIS OF THE CAUSALITY OF CO2 EMISSIONS, CONSUMPTION OF FOSSIL FUELS, ELECTRICITY CONSUMPTION, AND ECONOMIC GROWTH IN INDONESIA IN 1990-2019

2019 ◽  
Vol 4 (02) ◽  
pp. 113
Author(s):  
Melati Intan Kurnia ◽  
Hadi Sasana ◽  
Yustirania Septiani
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Fuel Consumption ◽  
Co2 Emissions ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Electricity Consumption ◽  
Negative Influence ◽  
Fossil Fuel Consumption

<p><em>Increasing economic growth will spark against increased energy consumption. But on the other hand, increasing economic growth will also trigger the occurrence of natural damage and degradation of environmental quality derived from CO2 emissions. CO2 emissions are caused by oxidation process of fossil fuel energy. This research aims to know the causality relationship between CO2 emissions, fossil fuel consumption, electricity consumption, and economic growth in Indonesia, as well as long-term relationship between CO2 emissions, fossil fuel consumption, electricity consumption, to economic growth in Indonesia in 1990 – 2019. The used data is the secondary data that is in the form of data time series. The dependent variables of this study are economic growth, while independent variables are CO2 emissions, fossil fuel consumption, electricity consumption. The method that is used in this study is Vector Error Correction Model. The results showed that there was a one-way causality between economic growth and fossil fuel consumption, and between electricity consumption and CO2 emissions. The research also shows that on long-term CO2 emissions has a negative influence, while the consumption of fossil fuels and electricity has a positive effect on Indonesia's economic growth in 1990-2019.</em></p><p><strong><em>K</em></strong><strong><em>eywords</em></strong><em>: CO2, Energy Consumption, Economic Growth.</em></p>

The impact of biomass consumption on CO2 emissions

2015 ◽  
Vol 7 (3) ◽  
pp. 348-358 ◽  
Author(s):  
Salih Turan Katircioglu
Keyword(s):  
Error Correction ◽  
Fuel Consumption ◽  
Fossil Fuel ◽  
Annual Data ◽  
Total Biomass ◽  
Content Type ◽  
Fossil Fuel Consumption ◽  
Equilibrium Relationship ◽  
The Impact

Purpose – The purpose of this study is to investigate the long-term equilibrium relationship between carbon dioxide (CO2) emissions and total biomass consumption (BC) in Turkey, which has a rich diversity of ecological conditions prevailing throughout its regions. Design/methodology/approach – Bounds tests and conditional error correction models under the autoregressive distributed lag approach have been applied to annual data that cover the 1980-2010 period. Findings – Results suggest that CO2 emissions are in a long-term equilibrium relationship with total BC in Turkey. BC has a negative effect on CO2 emissions; 1 per cent increase in total BC would lead to 0.029 per cent reduction in CO2 emissions. Long-term coefficient of fossil fuel consumption for CO2 emissions is positive and elastic, 1.247. Finally, conditional error correction model of the present study reveals that CO2 emission in Turkey converges to its economic long-term equilibrium very quickly by 93.7 per cent speed of adjustment through the channel of BC and fossil fuel consumption. Originality/value – Although there have been a considerable number of studies investigating the link between total energy consumption and CO2 emissions in the literature, searching the contribution of components of energy to CO2 emissions deserves attention. Therefore, this study contributes to the literature by investigating the effect of BC on CO2 emissions in the case of Turkey.

Performance Influences of Hydrogen Enriched Fuel on Heavy-Duty Gas Turbines in Combined Cycle Power Plants

2015 ◽  
Author(s):  
Carl Georg Seydel
Keyword(s):  
Renewable Energy ◽  
Natural Gas ◽  
Fuel Consumption ◽  
Co2 Emissions ◽  
Power Plants ◽  
Fossil Fuel ◽  
Electricity Demand ◽  
Combined Cycle ◽  
Fossil Fuel Consumption ◽  
High Flexibility

In order to meet the ambitious reduction targets for future CO2 emissions and fossil fuel consumption, the extension of renewable power systems is mandatory. One main issue is the fluctuating and unpredictable availability of renewable energy. With a higher portion of renewable energy, a secure electricity supply becomes more challenging. On days with high electricity demand but low availability of renewable energy, fossil back up power plants with high flexibility and efficiency are needed. Most applicable for this requirements are combined cycle power plants, which provide both high flexibility and efficiency. On the other hand potential renewable energy is wasted during days with low electricity demand but high available renewable energy, because electricity cannot be stored yet economically in such vast amounts. In order to use the available renewable energy more efficiently, hydrogen could be produced via electrolysis during phases of surplus available renewable energy. The hydrogen serves as a high density energy storage, which can be used as an alternative fuel in combined cycle power plants for a highly efficient reconversion into electricity if necessary. In this study it is analyzed how the usage of hydrogen as the burner fuel will influence the performance of combined cycle power plants. Therefore the on- and off-design performance of a state of the art combined cycle power plant will be calculated at different ratios of hydrogen mixtures with natural gas. The thermodynamic calculations are made with the performance software GTlab of the German Aerospace Center. Furthermore the natural gas and CO2 savings for different hydrogen ratios will be quantified. The results show that the usage of hydrogen enriched fuel increases the combined cycle efficiency and power output. Accordingly a considerable reduction in CO2 emissions and fossil fuel consumption is possible.

scholarly journals Modelling Economic Growth, Carbon Emissions, and Fossil Fuel Consumption in China: Cointegration and Multivariate Causality

2019 ◽  
Vol 16 (21) ◽  
pp. 4176 ◽  
Author(s):  
Lv ◽  
Chu ◽  
McAleer ◽  
Wong
Keyword(s):  
Economic Growth ◽  
Fuel Consumption ◽  
Granger Causality ◽  
Co2 Emissions ◽  
Fossil Fuel ◽  
The Novel ◽  
Causality Analysis ◽  
Policy Makers ◽  
Fossil Fuel Consumption ◽  
Long Run

Most authors apply the Granger causality-VECM (vector error correction model), and Toda–Yamamoto procedures to investigate the relationships among fossil fuel consumption, CO2 emissions, and economic growth, though they ignore the group joint effects and nonlinear behaviour among the variables. In order to circumvent the limitations and bridge the gap in the literature, this paper combines cointegration and linear and nonlinear Granger causality in multivariate settings to investigate the long-run equilibrium, short-run impact, and dynamic causality relationships among economic growth, CO2 emissions, and fossil fuel consumption in China from 1965–2016. Using the combination of the newly developed econometric techniques, we obtain many novel empirical findings that are useful for policy makers. For example, cointegration and causality analysis imply that increasing CO2 emissions not only leads to immediate economic growth, but also future economic growth, both linearly and nonlinearly. In addition, the findings from cointegration and causality analysis in multivariate settings do not support the argument that reducing CO2 emissions and/or fossil fuel consumption does not lead to a slowdown in economic growth in China. The novel empirical findings are useful for policy makers in relation to fossil fuel consumption, CO2 emissions, and economic growth. Using the novel findings, governments can make better decisions regarding energy conservation and emission reductions policies without undermining the pace of economic growth in the long run.

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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