Impact of Economic Growth, Renewable Energy, Net Exports, Labor Force and Life Expectancy on CO2 Emission

Shah Rukh Khan and Ufaq Adeel
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Shah Rukh Khan: Department of Economics, University of Lahore, Pakistan
Ufaq Adeel: Department of Economics, University of Lahore, Pakistan

Bulletin of Business and Economics (BBE), 2023, vol. 12, issue 3, 601-611

Abstract: An immense collection of information about the connection between energy utilization and CO2 outflows is covered by various factors. We have utilized the factors for example Kuznets bend, future, workforce, CO2 emanation, and environmentally friendly power. Nonetheless, the job of energy creation in the contamination condition remains generally obscure. Current work measures the connection between environmentally friendly power creation, financial development, CO2 emanations, Kuznets bend, workforce, and future. A group of econometric instruments is utilized to accomplish the target of the review. Because of the awareness of the target of the current work, we utilize the unit root test to gauge the security of the boundaries over the period 1991-2021(30 years of information) which we took from the World Bank marker. An autoregressive distributive slack model shows that energy creation from petroleum products is the primary guilty party behind rising CO2 discharges. Moreover, the discoveries of the review state the presence of natural Kuznets bends speculation in the significance of energy creation in Pakistan. It is proposed that contamination can be decreased by creating energy from inexhaustible sources (hydroelectric, sun-oriented, geothermal, and wind energy) and adding more sustainable power to the energy blend.

Keywords: Economic Growth; Renewable Energy; Net Exports; Labor Force; Life Expectancy; CO2 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rfh:bbejor:v:12:y:2023:i:3:p:601-611

DOI: 10.61506/01.00077

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