World Energy Consumption and Carbon Dioxide Emissions : 1950-2050

  title={World Energy Consumption and Carbon Dioxide Emissions : 1950-2050},
  author={Richard L. Schmalensee and Thomas M. Stoker and Ruth A. Judson},
Emissions of carbon dioxide from combustion of fossil fuels, which may contribute to long-term climate change, are projected through 2050 using reduced form models estimated with national-level panel data for the period 1950 1990. We employ a flexible form for income effects, along with fixed time and country effects, and we handle forecast uncertainty explicitly. We find an "inverse-U" relation with a withinsample peak between carbon dioxide emissions (and energy use) per capita and per capita… CONTINUE READING
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