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Title: The impact of financial development, income, energy consumption, trade openness on carbon emissions in Jordan
Other Titles: أثر التطور المالي، الدخل، إستهلاك الطاقة، الإنفتاح التجاري على انبعاثات ثاني أكسيد الكربون في الأردن
Authors: Ismael, Mohanad
Khateeb, Maram Isam
Keywords: Carbon dioxide - Environmental aspects - Jordan
Carbon offsetting - Jordan
Climatic changes - Economic aspects - Jordan
Carbon dioxide mitigation - Jordan
Energy policy - Jordan
Issue Date: 2016
Abstract: This thesis aims to study the effect of financial development, income, energy consumption, and trade openness on carbon emissions in Jordan during the period 1980 to 2011. The importance of analyzing the effect of these factors on CO2 (carbon dioxide) emissions, also known as “greenhouse gases emissions”, stems from the underlying danger of these emissions. Recently, the negative effects of these emissions on climate change have become a hot topic around the world. More alarmingly, the United Nations Environment Program (UNEP, 2014) has announced that global temperature has increased by two degrees Celsius, these changes might be irreversible. In order to reduce the effects of these emissions, they must be controlled to create a balance by the middle or the end of this century. This study attempts to identify some factors affecting the CO2 emissions, and the degree of the influence of each factor. This would help in identifying the maximum amount of carbon dioxide that can be emitted into the atmosphere, but in the accepted limits of temperature rise beyond 2020. Jordan was one of the first countries that took actions regarding the subject of the impact of carbon emissions. Jordan signed the climate change agreement in 1992, and ratified the Kyoto Protocol in 1997. Jordan’s second report on the climate change for 2000 mentioned that the total greenhouse gas emissions are equivalent to 20 million tons of carbon dioxide. The energy sector, which accounted to about 27% of these emissions, takes lead. It is closely followed by the transport sector which accounted to about 20%. The third most influential sector is the waste sector which accounted for about 13% of the emissions.
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