Abstract:
Purpose
This study investigates the potential presence of dynamic causality between energy consumption,
carbon emissions & economic growth in Pakistan.
Methodology
The practical study depend on time series analysis data of C02, consumption of energy and
economic development from 1971 -2014 the foundation of data collected by world bank
indicator(WBl).The encouragement of consumption of energy on economic development in
Pakistan is debated in most of the studies which used by Granger causality test, Vector Error
correction Techniques , JJ. Co-integration approach & unit root of data properties, under this
study suggested descriptive statistic, and regression analysis
Findings
The significance association of model # 1 equally in the short also in the long run declares that
confirming supply of energy in the long run is vital for reaching high stages of Economic growth
Pakistan’s Government need to focus on construction capitals to confirming acceptable energy
supplies in the economy. In model # 2, it is suggested that co2 should be decrease action in the
dominant plan of energy & environmental policies in Pakistan. In model # 3, rise in Energy
consumption will lead to high C02 emissions in the long run and vice versa. Pakistan’s
government must be focus on growing the portion of renewable energy sources in the overall
Energy consumption.
Recommendations
Government of Pakistan must be emphasis on arrangement of resources for guaranteeing
satisfactory energy supplies in the Pakistan’s economy. Government encourages Energy
Efficiency Standard for safety of Environment. Government would be emphasis on raising the
portion of renewable energy sources in total mix energy of Pakistan’s economy. The government
invest seriously to perform publicity and education in the promotion of energy conservation
green & consumption over some economic incentives.
