Abstract
Since the discovery of oil in 1956, the Nigerian economy has been dependent on fossil fuel as a means of energy generation, hence causing excessive emission of carbon dioxide in the environment. Given this background, this study investigates the effect of fossil fuel consumption on environmental quality in Nigeria. The study used secondary data from 1970- 2017 obtained from World Development Index (WDI) and employs the Johansen co-integration analysis. The result reveals that about 80% of carbon emissions in Nigeria are directly consequence of fossil fuel combustion. Also, within the period observed, pollution was found to be a rising function of income and pollution rises as communities becomes more densely populated. The study recommends an urgent design of sustainable energy framework and national sensitization on the multidimensional adverse consequences of the use of dirty fuels.Keywords: CO2 emissions, Fossil fuel, Environment, Climate ChangeJEL Classifications: Q53, L71, P28, Q54DOI: https://doi.org/10.32479/ijeep.8050
Highlights
For a significant development take-off, economies need a stable and continuous supply of energy
With the use of the fixed effect and panel two-stage regression and data from World Bank World Development Indicators (WDI), the results showed that there is a significant relationship between air pollution, energy consumption, and water productivity in the individual countries of Asia-Pacific, while fossil fuel energy consumption has a dominant impact on the changes to carbon dioxide emission in the region
CO2 emissions increases from its record low in 1995 (0.33 metric tonnes) to 0.77 metric tonnes per capita representing about 133% change following a corresponding increase in fossil fuel consumption in Nigeria
Summary
For a significant development take-off, economies need a stable and continuous supply of energy. Production and consumption activities in these economies are predominantly related to the energy use, principally fossil fuels – representing over 60% of global greenhouse gas emissions. This energy type, though, unsustainable but intrinsically linked with the economy and the environment in SSA economies. There are intending threats to the climate, as a continuous rise in greenhouse gas emissions can be associated with lower The study analyses the effect of fossil consumption on the level of CO2 carbon emissions in Nigeria
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