Formation Mechanism of the Perfect Inverted V-Shape CO2 Emission Amount Environmental Kuznets Curve (EKC) at the Country Level: Taking Taiwan as an Example
Journal of Economics, Management and Trade,
Page 1-6
DOI:
10.9734/jemt/2021/v27i130315
Abstract
The reduction of carbon emissions (such as CO2) is important to slow down global warming. The direct emissions of CO2 in Taiwan are contributed from the power generation sector. This research thus analyzes the effect of fuel used in the past years and finds that the summarized percentage of coal and natural gas used is the key factor in the amount of CO2 emissions. Results show that the CO2 emission amount exhibits a perfect inverted V-shape environmental Kuznets curve (EKC) from 1998 to 2014 in Taiwan. We attribute this to there being a disproportion process of transferring residual load powering to base-load powering for coal and natural gas energies and the increase in electric generation amount every year. This disproportion process means the co-existence of all technical generation in power plants.
Keywords:
- EKC
- CO2 emission
- disproportion process
- coal
- natural gas.
How to Cite
References
Grossman GM, Krueger AB. Environmental impacts of a North American free trade agreement. National Bureau of Economic Research, working. 1991;3914.
Egli H, Steger TM. A dynamic model for the environmental Kuznets Curve: Turning point and public policy. Environmental & Resource Economics. 2007;36:15-34.
Yu Y, Chen L. Research progress of the Environmental Kuznets Curve (EKC) in China. Ecology and Environmental Sciences. 2012;21:2018-2023.
Kong Y, Khan R. To examine environmental pollution by economic growth and their impact in an environmental Kuznets curve (EKC) among developed and developing countries. PLOS ONE. 2019;14,e0209532: 1-23.
Huang WJ. Driving force of environmental Kuznets Curve (EKC) pattern on energy intensity in Taiwan at 1995-2015: Empirical evidence of exogenous event transformed to endogenous polices effect. Review of Integrative Business and Economics Research. 2020;9:333-339.
Ota T. Economic growth, income inequality and environment: assessing the applicability of the Kuznets hypotheses to Asia. Palgrave Communications. 2017;3 (17069):1-23.
Vuong QH, Ho MT, Nguyen HKT, Nguyen MH. The trilemma of sustainable industrial growth: evidence from a piloting OECD’s Green city Palgrave Communications. 2019;5(156):1-14.
Miad MD, Masum MFH. Environmental Kuznets Curve: the case of Bangladesh for waste emission and suspended particulate matter. Environmentalist. 2011;31:59-66.
Amar B. Economic growth and environment in the United Kingdom: robust evidence using more than 250 years data. Environmental Economics and Policy Studies. 2021;10(1007):1-16.
Fosten J, Morley B, Taylor T. Dynamic misspecifcation in the environmental Kuznets curve:evidence from CO2 and SO2 emissions in the United Kingdom. Ecological Econimic. 2012;76:25–33
Balcilar M, Ozdemir ZA, Tunçsiper B, Ozdemir H. Muhammad Shahbaz5 On the nexus among carbon dioxide emissions, energy consumption and economic growth in G 7 countries: new insights from the historical decomposition approach. Environment, Development and Sustainability. 2020;22:8097–8134.
-
Abstract View: 395 times
PDF Download: 177 times
