Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from Pakistan

Over the last few decades, the contribution of CO2 emissions to the environment has shown an increasing trend. The greenhouse gases increase the temperature of the environment globally and particularly in Pakistan. History is witness that the activities of humans mostly affect the environment. The...

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Main Author: Zeesha Tahir
Format: Article
Language:English
Published: International Research Alliance for Sustainable Development - iRASD 2023-06-01
Series:iRASD Journal of Energy & Environment
Subjects:
Online Access:https://internationalrasd.org/journals/index.php/jee/article/view/1464
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author Zeesha Tahir
author_facet Zeesha Tahir
author_sort Zeesha Tahir
collection DOAJ
description Over the last few decades, the contribution of CO2 emissions to the environment has shown an increasing trend. The greenhouse gases increase the temperature of the environment globally and particularly in Pakistan. History is witness that the activities of humans mostly affect the environment. The goal of this study is to explore the link between variables such as Trade, FDI (Foreign Direct Investment), REC (Renewable Energy Consumption), EPC (Electricity Power Consumption), Economic Growth, Urban Population, and Carbon Emissions inside Pakistan over the time period of 1990 to 2022. The Auto Regressive Distributed Lag (ARDL) technique is utilized for estimation. The result shows that the long-run relationship exists between these variables. The REC, Economic Growth, and FDI significantly affect CO2 emissions, while the remaining variables have insignificant effects on carbon emissions. Moreover, based on the findings of this study recommends that the government adopt strict policies and strategies to overcome climate problems and control pollution.
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spelling doaj.art-87cd981095324db496bc2c3611b0477f2023-07-20T07:07:38ZengInternational Research Alliance for Sustainable Development - iRASDiRASD Journal of Energy & Environment2790-573X2790-57482023-06-014110.52131/jee.2023.0401.0033Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from PakistanZeesha Tahir0The Islamia University of Bahawalpur, Pakistan Over the last few decades, the contribution of CO2 emissions to the environment has shown an increasing trend. The greenhouse gases increase the temperature of the environment globally and particularly in Pakistan. History is witness that the activities of humans mostly affect the environment. The goal of this study is to explore the link between variables such as Trade, FDI (Foreign Direct Investment), REC (Renewable Energy Consumption), EPC (Electricity Power Consumption), Economic Growth, Urban Population, and Carbon Emissions inside Pakistan over the time period of 1990 to 2022. The Auto Regressive Distributed Lag (ARDL) technique is utilized for estimation. The result shows that the long-run relationship exists between these variables. The REC, Economic Growth, and FDI significantly affect CO2 emissions, while the remaining variables have insignificant effects on carbon emissions. Moreover, based on the findings of this study recommends that the government adopt strict policies and strategies to overcome climate problems and control pollution. https://internationalrasd.org/journals/index.php/jee/article/view/1464CO2 emissionsGreenhouse gasesTradeForeign direct investmentRenewable energy consumptionElectricity power consumption
spellingShingle Zeesha Tahir
Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from Pakistan
iRASD Journal of Energy & Environment
CO2 emissions
Greenhouse gases
Trade
Foreign direct investment
Renewable energy consumption
Electricity power consumption
title Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from Pakistan
title_full Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from Pakistan
title_fullStr Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from Pakistan
title_full_unstemmed Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from Pakistan
title_short Impact of Electricity Power Consumption, GDP, Trade, Urban Population, Foreign Direct Investment and Renewable Energy Consumption on CO2 Emissions: Evidence from Pakistan
title_sort impact of electricity power consumption gdp trade urban population foreign direct investment and renewable energy consumption on co2 emissions evidence from pakistan
topic CO2 emissions
Greenhouse gases
Trade
Foreign direct investment
Renewable energy consumption
Electricity power consumption
url https://internationalrasd.org/journals/index.php/jee/article/view/1464
work_keys_str_mv AT zeeshatahir impactofelectricitypowerconsumptiongdptradeurbanpopulationforeigndirectinvestmentandrenewableenergyconsumptiononco2emissionsevidencefrompakistan