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Drivers of CO2 Emissions in the Aftermath of the COVID-19 Pandemic

In: COVID-19 Pandemic and Energy Markets Commodity Markets, Cryptocurrencies and Electricity Consumption under the COVID-19

Author

Listed:
  • Soumaya Ben Khelifa
  • Sonia Arsi

Abstract

The COVID-19 pandemic raised global warming issues, and particularly the effect of the carbon dioxide (CO2) emissions. This is a matter of great concern especially in the aftermath of the forced confinement period, that reorganized the dices. Within this context, this chapter handles the relationship between CO2 emissions, crude oil, and natural gas prices in the time of the critical epidemic. The results show that any decline in the natural gas and lagged crude oil prices downgrades carbon emissions. Equally, as the number of infected people by the disease increases, these emissions tend to decrease. This chapter provides implications for policymakers and governments.

Suggested Citation

  • Soumaya Ben Khelifa & Sonia Arsi, 2021. "Drivers of CO2 Emissions in the Aftermath of the COVID-19 Pandemic," World Scientific Book Chapters, in: Khaled Guesmi (ed.), COVID-19 Pandemic and Energy Markets Commodity Markets, Cryptocurrencies and Electricity Consumption under the COVID-19, chapter 2, pages 17-31, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811239618_0002
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    More about this item

    Keywords

    COVID-19; Vaccines; ANCOVA; Carbon Emissions; Natural Gas; Crude Oil; Market Co-Movement; Cryptocurrencies; CO2 Emissions; Financial Volatility; VIX; Bitcoin; Gold Oil Price War; Health Crisis; S&P GS Commodity Index; Consumption of Electricity; The Behavior of Electricity Consumption; Social Interactivity; Flow State; Energy Consumption Culture; Life Style; Teleworking; De-globalization; Eating Habits;
    All these keywords.

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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