IMPACT OF GDP AND OTHER FACTORS ON CARBON DIOXIDE EMISSIONS
ECONOMETRICS
PROJECT
Abstract
In this project I have tried to obtain dependency of CO2 emissions on GDP, petroleum consumption and energy consumption. The country taken under consideration is India. I have taken the time period 1985-2005. I have used the multiple regression analysis to establish the relationship. The software used is STATA.
Introduction
Carbon dioxide (CO2) is the primary greenhouse gas emitted through human activities. Carbon dioxide is naturally present in the atmosphere as part of the Earth's carbon cycle (the natural circulation of carbon among the atmosphere, oceans, soil, plants, and animals). Human activities are altering the carbon cycle--both by adding more CO2 to the atmosphere and by influencing the ability of natural sinks, like forests, to remove CO2 from the atmosphere. While CO2 emissions come from a variety of natural sources, human-related emissions are responsible for the increase that has occurred in the atmosphere since the industrial revolution.
Atmospheric CO2 concentrations have increased by almost 40% since pre-industrial times, from approximately 280 parts per million by volume (ppmv) in the 18th century to 390 ppmv in 2010. The current CO2 level is higher than it has been in at least 800,000 years. Some volcanic eruptions released large quantities of CO2 in the distant past. However, the U.S. Geological Survey (USGS) reports that human activities now emit more than 135 times as much CO2 as volcanoes each year. Human activities currently release over 30 billion tons of CO2 into the atmosphere every year. This build-up in the atmosphere is like a tub filling with water, where more water flows from the faucet than the drain can take away.
The main reason for studying CO2 emissions is that they play a focal role in the current debate on environment protection and sustainable development. CO2 has been recognized by most scientists as a major source of global warming through its greenhouse
PROJECT
Abstract
In this project I have tried to obtain dependency of CO2 emissions on GDP, petroleum consumption and energy consumption. The country taken under consideration is India. I have taken the time period 1985-2005. I have used the multiple regression analysis to establish the relationship. The software used is STATA.
Introduction
Carbon dioxide (CO2) is the primary greenhouse gas emitted through human activities. Carbon dioxide is naturally present in the atmosphere as part of the Earth's carbon cycle (the natural circulation of carbon among the atmosphere, oceans, soil, plants, and animals). Human activities are altering the carbon cycle--both by adding more CO2 to the atmosphere and by influencing the ability of natural sinks, like forests, to remove CO2 from the atmosphere. While CO2 emissions come from a variety of natural sources, human-related emissions are responsible for the increase that has occurred in the atmosphere since the industrial revolution.
Atmospheric CO2 concentrations have increased by almost 40% since pre-industrial times, from approximately 280 parts per million by volume (ppmv) in the 18th century to 390 ppmv in 2010. The current CO2 level is higher than it has been in at least 800,000 years. Some volcanic eruptions released large quantities of CO2 in the distant past. However, the U.S. Geological Survey (USGS) reports that human activities now emit more than 135 times as much CO2 as volcanoes each year. Human activities currently release over 30 billion tons of CO2 into the atmosphere every year. This build-up in the atmosphere is like a tub filling with water, where more water flows from the faucet than the drain can take away.
The main reason for studying CO2 emissions is that they play a focal role in the current debate on environment protection and sustainable development. CO2 has been recognized by most scientists as a major source of global warming through its greenhouse