IMPACT OF OPTIMAL ENERGY MIX ON ENVIRONMENTAL QUALITY IN NIGERIA
Authors/Creators
- 1. Department of Science Policy and Innovation Studies.
- 2. Finance and Account Department.National Centre for Technology Management, Obafemi Awolowo University, Ile Ife.
Description
The paper aims at giving insight on the energy mix that is suitable for Nigeria environment between 1981 and 2021 using a technique of Fully Modified OLS (FMOLS)The results show that the level of renewable energy consumption that is environmentally friendly is higher than that of non-renewable energy consumption. Also, the two energy consumption components (renewable and non-renewable energy consumptions) had significant effect on environmental quality in Nigeria. It is recommended that greater effort should be made in enhancing environmental quality towards reducing global warming. This is as a result of the fact that renewable energy is portrayed as cleaner energy source, which could be used as alternative to non-renewable energy to curb the problem of environmental hazard arising from carbon emission in the environment.
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