IDEAS home Printed from
   My bibliography  Save this paper

Economic Development and CO2 Emission: Economy-Environment Relation and Policy Approach to Choice of Emission Standard for Climate Control


  • Ramprasad Sengupta


The integrated assessment of Climate Change at global level due to anthropogenic emissions has its gaps and problems of uncertainties. The conventional approach of such assessment begins with the postulate that the growth of population and GDP of nations are destabilising factors for the equilibrium of the climate system. Some development economists consider this to be an overstatement. We have examined in this paper whether the process of economic growth brings with it such technical changes which would stabilise or cause decline in the total industrial CO2-emissions at a certain level of per capita income and beyond. The econometric analysis of the macro-economic and the CO2-emission data shows that the total CO2-emission (or that from the solid or liquid fuel sources) initially increases with the rise in per capita income and reaches a peak which is followed by a decline. This CO2-emission peaking per capita income is estimated to be $8740 (in PPP $ 1985) approximately for the total CO2-emission. However, such stabilisation of CO2-emission does not permit complacence regarding cimate stabilisation in view of the likely trend of the CO2-emission of the fast growing populous developing countries like China and India. It would, in fact, be too late for the global climate to be controlled for stabilisation if the developing countries are allowed to grow and their CO2-emissions to stabilise or decline in their own due course as induced by the dynamics of indusrial capitalism. This points to the necessity of addressing the problem of setting the CO2-emission standard both at the global and the national level so that the stage of CO2-emission peaking is preponed in terms of income and real time and the level of the peaking CO2-emission is also lowered. For the scientific and equitable setting ot such standard, the climate research needs to remove certain gaps and ambiguities and the country level economic modelling needs to be carried out to provide better information regarding the relative costs of abatement of emissions across the countries. The problem has to be finally solved as one of political economy for global cost sharing for the CO2-emission abatement which would call for international cooperation and understanding.

Suggested Citation

  • Ramprasad Sengupta, 1996. "Economic Development and CO2 Emission: Economy-Environment Relation and Policy Approach to Choice of Emission Standard for Climate Control," Boston University - Institute for Economic Development 75, Boston University, Institute for Economic Development.
  • Handle: RePEc:fth:bosecd:75

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Juan Antonio Duro & Jordi Teixidó-Figueras & Emilio Padilla, 2014. "The causal factors of international inequality in co2 emissions per capita: a regression-based inequality decomposition analysis," Working Papers 2014/20, Institut d'Economia de Barcelona (IEB).
    2. Teixidó-Figueras, Jordi & Duro, Juan Antonio, 2015. "The building blocks of International Ecological Footprint inequality: A Regression-Based Decomposition," Ecological Economics, Elsevier, vol. 118(C), pages 30-39.
    3. Shahbaz, Muhammad & Haouas, Ilham & SBIA, Rashid & Ozturk, Ilhan, 2018. "Financial Development-Environmental Degradation Nexus in the United Arab Emirates: The Importance of Growth, Globalization and Structural Breaks," MPRA Paper 87365, University Library of Munich, Germany, revised 11 Jun 2018.
    4. Shahbaz, Muhammad & Solarin, Sakiru Adebola & Hammoudeh, Shawkat & Shahzad, Syed Jawad Hussain, 2017. "Bounds Testing Approach to Analyzing the Environment Kuznets Curve Hypothesis: The Role of Biomass Energy Consumption in the United States with Structural Breaks," MPRA Paper 81840, University Library of Munich, Germany, revised 07 Oct 2017.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fth:bosecd:75. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.