Carbon Dioxide (CO2) Emission, Energy Consumption and Economic Growth: Evidence from Selected Southeast Asia Countries

Abstract

Southeast Asia countries have experienced rapid economic growth within past decades with significant increase in energy dependency and carbon dioxide (CO2) emissions. Continuous development in urban area has stimulated rise in energy consumption in many Southeast Asia countries which resulted in an improvement of citizen’s lifestyles and living standards due to increasing income and population. Understanding the relationship between economic growth, energy consumption and carbon dioxide emissions helps economies in formulating energy policies, enhancing energy security and developing a sustainability of energy resources. Therefore, this study focuses on the economic growth, energy consumption and carbon dioxide emissions evolved in Southeast Asia by using Environment Kuznets Curve theory. This paper could be useful and beneficial for the Southeast Asia countries to form appropriate environment policies in order to maintain the balance of energy demand and supply and dealing with environmental quality issues.