The relationship between carbon dioxide emissions, electricity production and consumption in Ghana


Asumadu-Sarkodie S., Owusu P. A.

ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, vol.12, no.6, pp.547-558, 2017 (SCI-Expanded) identifier identifier

  • Publication Type: Article / Article
  • Volume: 12 Issue: 6
  • Publication Date: 2017
  • Doi Number: 10.1080/15567249.2016.1227885
  • Journal Name: ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY
  • Journal Indexes: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Page Numbers: pp.547-558
  • Keywords: Carbon dioxide emissions, climate change, econometrics, electricity production, Ghana, ECONOMIC VIABILITY, ENERGY USE, GROWTH, NEXUS
  • Middle East Technical University Affiliated: Yes

Abstract

The study investigated the relationship between carbon dioxide, electricity production, and consumption in Ghana using the autoregressive distributed lag model by employing a time-series data spanning from 1971 to 2012. Evidence from the long-run elasticities shows that a 1% increase in the total energy production from combustible renewables and waste will increase carbon dioxide emissions by 307.9 kt in the long run. In contrast, a 1% increase in the total energy production with electricity production from hydroelectric sources will decrease carbon dioxide emissions by 267.3 kt in the long run. There was evidence of a bidirectional causality from electricity production from hydroelectric sources to carbon dioxide emissions and a unidirectional causality from carbon dioxide emissions to the total energy production with combustible renewables and waste; carbon dioxide emissions to electricity production from oil, gas, and coal sources; electric power consumption to the total energy production with combustible renewables; and waste and electricity production from hydroelectric sources to electricity production from oil, gas, and coal sources. Ghana's electricity production and consumption from non-renewable sources of energy escalates carbon dioxide emissions while renewable sources help mitigate climate change and its impact.