A Brief Study on Energy: The Link between GDP and Emissions

Lane, Jan-Erik (2021) A Brief Study on Energy: The Link between GDP and Emissions. In: Modern Perspectives in Economics, Business and Management Vol. 10. B P International, pp. 129-136. ISBN 978-93-5547-104-8

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Abstract

The global energy-environment conundrum unfolds now with more and more evidence confirming the climate change hypothesis. The accumulation of greenhouses gases in the atmosphere is strongly linked with economic production, the GDP indicator. Here we give the exact relationships between GDP, energy consumption and greenhouse gases emissions, over time and cross-sectionally for the entire globe. The intermediating link between total GDP and total emissions is, it must be emphasized, the energy consumption, which has increased dramatically since 1970. It is true that the energy consumption per GDP unit has fallen, but the increase in GDP is more than enough to guarantee that energy consumption per capita continues to rise. The findings reported on here are crystal clear: Reducing energy consumption would mean halting economic growth, as GDP determines overall energy consumption, which in turn determines to a large extent the total emissions of CO2 equivalent types.

Item Type: Book Section
Subjects: OA Open Library > Social Sciences and Humanities
Depositing User: Unnamed user with email support@oaopenlibrary.com
Date Deposited: 28 Oct 2023 04:03
Last Modified: 28 Oct 2023 04:03
URI: http://archive.sdpublishers.com/id/eprint/1770

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