Modelling and Forecasting Energy Consumption and Carbon Dioxide Emissions in India Dr. Roy Samrat1, Savarimuthu Rev. Dr. Xavier2 1Assistant Professor in Economics, St. Xavier's College (Autonomous), Kolkata, India 2Vice Principal and HOD, Environmenntal Studies, St. Xavier's College (Autonomous), Kolkata, India Online published on 7 October, 2019. Abstract The study explores to analyze the relationship between carbon dioxide emissions and energy use consumption per capita in India for the time frame, 1970 to 2016. For this purpose, the time series econometric tools are employed to select an appropriate model for forecasting. The predicted values for carbon dioxide emissions as well as energy consumption per capita are computed for 2017 till 2024 respectively. The future trends of these variables for India strongly indicates the upsurge in both emissions and energy consumption. This calls for an urgent action plan by policy makers for sustainability in the near future both at local and global arena. Top Keywords Carbon dioxide emissions, Forecasting, Auto Regressive model, Sustainability, Energy Consumption. Top |
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