Proceedings of The 5th International Conference on Business, Management and Economics
CO2 Emissions, Coal and Renewables Use in Energy Production, And Their Implications in GDP Growth
Juan David Cruz Negrete
The purpose of this study is to identify the degree of correlation between variables such as carbon dioxide (CO2) emissions, coal consumption for energy generation and the use of renewable sources in the energy mix, and the implications of these results on the Gross Domestic Product (GDP). For the development of this research, the review of theoretical approaches and the literature review on the mentioned concepts were used; as well as the degree of quantitative correlation of the variables described, through data analysis and regression. Among the main findings, stands out the high degree of positive correlation between CO2 emissions and GDP growth; the positive correlation of energy generation based on the use of coal, with CO2 emissions; as well as the urgent need to stimulate the energy (use and generation) transition towards renewable sources, in order to reduce polluting emissions, protect the environment and promote the improvement of quality of life.
Keywords: Alternative Energy Sources, Demand and Supply, Environment and Growth, Sustainable Development.