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Fossil Fuel Energy Consumption and CO2 Emissions in Nigeria.

Authors :
Yahaya, Nura Sani
Iro, Hadiza Nasir
Kabiru, Sunusi
Source :
Academic Journal of Economic Studies; Jun2019, Vol. 5 Issue 2, p173-178, 6p
Publication Year :
2019

Abstract

This study examined the influence of fossils fuel energy consumption, economic growth, financial development, and FDI in Nigeria. The study applies the ARDL technique over the period from 1981-2014. Result of the bound test indicates that the variables are cointegrated. The estimates of the short-run result reveal that all the variable are positive and significant in explaining Carbon dioxide emissions. The long-run analysis shows that FFC, GDP, and FD increased CO2 emissions. The study suggests that the policymakers in Nigeria should embark policies on efficient energy use that simultaneously promotes economic growth and environmental quality through the use of other forms of renewable energy like solar, and wind. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
23934913
Volume :
5
Issue :
2
Database :
Complementary Index
Journal :
Academic Journal of Economic Studies
Publication Type :
Academic Journal
Accession number :
137356368