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Fossil fuels are major sources of energy, and have several advantages over other primary energy sources. Without extensive dependence on fossil fuels, it is questionable whether our economic prosperity can continue. This paper analyses cointegration and causality between fossil fuel consumption...
Persistent link: https://www.econbiz.de/10010669995
This paper studied the cointegration and causality relations between China's energy consumption and economic growth. It concludes that there is bi-directional causality, but no cointegration, between them; therefore, China may have underestimated the pressure from increasing energy demand and...
Persistent link: https://www.econbiz.de/10010670043
The long-term US experience emphasises the importance of controlling for electrification and other major technology transformations when evaluating the growth of carbon emissions at different stages of development. Prior to World War I, carbon emissions grew faster than economic growth by 2.3%...
Persistent link: https://www.econbiz.de/10008539228
The long-term US experience emphasises the importance of controlling for electrification and other major technology transformations when evaluating the growth of carbon emissions at different stages of development. Prior to World War I, carbon emissions grew faster than economic growth by 2.3%...
Persistent link: https://www.econbiz.de/10005225621