Energy consumption, carbon emission and economic growth in Nigeria: Implications for energy policy and climate protection in Nigeria
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Date
2013
Journal Title
Journal ISSN
Volume Title
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Abstract
The paper analyses causal effect of oil
production and carbon emission from gas flaring on the
growth rate in Nigeria between 1970 and 2011. The result
revealed that economic growth rate, change in crude oil
production growth rate, crude oil production growth rate,
crude oil consumption growth rate, consumption growth rate,
change in growth rate of carbon monoxide emission from gas
flaring, growth rate of carbon monoxide emission from gas
flaring and change in investment growth rate, investment
growth rate are significant factors influencing economic
growth in Nigeria. Therefore, this study concludes that there is
causal relationship between oil production, carbon emission
from gas flaring and economic growth in Nigeria. More
importantly carbon emission constitutes an impediment to
sustainable economic growth in Nigeria.
Description
Keywords
Carbon emission, Environmental quality, Economic growth, Nigeria, Energy policy and climate protection
Citation
Jaiyeola, A. O., & Saibu, M. O. (2013). Energy consumption, carbon emission and economic growth in Nigeria: Implications for energy policy and climate protection in Nigeria. International Conference on Energy Policies and Climate Protection (ICEPCP` 2013), Johannesburg ,South Africa