Energy Absorption, CO2 Emissions and Economic Growth Sustainability in Nigeria
No Thumbnail Available
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Description
role of energy ingestion in guaranteeing sustainable economic progression in Nigeria. The study investigates the influence of energy consumption and
carbon dioxide emission on the economic growth of Nigeria from 2008 to 2019. In this study, we employ the multiple regression techniques to assess
the impact of Electricity, CO2, primary energy and total labour force on GDP. Various indicative checks show that the model is appropriate and errorfree.
Out of the four energy sources examined, Electricity is found inconsequential in affecting the economic growth of Nigeria. The CO2 emission is
positively significant, implying that the economy is growing with a high level of pollution in the environment. The primary energy consumption put
forth a substantial harmful effect on economic progress, while the total labour force has a strong significant affirmative impression on fiscal progression.
The study suggests the use of renewable energy to preserve the environment and sustain economic growth in the country.
Keywords
H Social Sciences (General), HF Commerce, HF5601 Accounting