Drivers of CO2 Emissions in the Aftermath of the COVID-19 Pandemic

Soumaya Ben Khelifa and Sonia Arsi

Chapter 2 in COVID-19 Pandemic and Energy Markets:Commodity Markets, Cryptocurrencies and Electricity Consumption under the COVID-19, 2021, pp 17-31 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The COVID-19 pandemic raised global warming issues, and particularly the effect of the carbon dioxide (CO2) emissions. This is a matter of great concern especially in the aftermath of the forced confinement period, that reorganized the dices. Within this context, this chapter handles the relationship between CO2 emissions, crude oil, and natural gas prices in the time of the critical epidemic. The results show that any decline in the natural gas and lagged crude oil prices downgrades carbon emissions. Equally, as the number of infected people by the disease increases, these emissions tend to decrease. This chapter provides implications for policymakers and governments.

Keywords: COVID-19; Vaccines; ANCOVA; Carbon Emissions; Natural Gas; Crude Oil; Market Co-Movement; Cryptocurrencies; CO2 Emissions; Financial Volatility; VIX; Bitcoin; Gold Oil Price War; Health Crisis; S&P GS Commodity Index; Consumption of Electricity; The Behavior of Electricity Consumption; Social Interactivity; Flow State; Energy Consumption Culture; Life Style; Teleworking; De-globalization; Eating Habits (search for similar items in EconPapers)
JEL-codes: Q43 Q5 (search for similar items in EconPapers)
Date: 2021
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