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Energy production and C02 emission in Nigeria

Author

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  • Nura Sani Yahaya
  • Sanusi Adamu
  • Aminu Muhammad Mustapha

Abstract

This study examine the effects of energy production, financial development and economic growth on C02 in Nigeria by applying ARDL technique from 1980 – 2011. The outcome of the cointegration test confirms the long run association among the variables. The short run analysis indicates energy production has positive effect on C02 in Nigeria. However, financial progress and economic growth condense C02. For the long-run estimate the outcome indicates that energy production, financial progress and output growth accelerates the level of C02. Hence, the study suggests that policymakers should emphasized on use of low emissions technologies especially in the process of oil exploration and re consider the use of other energy alternatives such as wind, thermal and solar in order to reduce the damaging effects of energy production and to achieve sustainable economic development.

Suggested Citation

  • Nura Sani Yahaya & Sanusi Adamu & Aminu Muhammad Mustapha, 2020. "Energy production and C02 emission in Nigeria," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(1), pages 110-114, March.
    • Handle: RePEc:khe:scajes:v:6:y:2020:i:1:p:110-114
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    Citations

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    Cited by:

    1. Temitope Sade , AKINTUNDE & Mathew , ADAGUNODO & Oluwatosin Mary , ADERAJO & Bosede Esther , AKANBI, 2021. "The Effect Of Population And Financial Development On Environmental Health In Nigeria (1980-2019)," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 21(3), pages 149-165.

    More about this item

    Keywords

    Energy production; financial development; economic growth; ARDL; Nigeria;
    All these keywords.

    JEL classification:

    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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