Tuesday, 26 September 2023

The Nexus of Natural Gas Consumption and Carbon Emission in Asia Pacific | Chapter 1 | An Overview on Business, Management and Economics Research Vol. 2

 This member aimed to determine the oil consumption and element emission in the middle revenue group of natural gas supplying nations in Asia Pacific, (China, Indonesia, Malaysia, Myanmar and Vietnam) during the ending 2000-2021 by applying the simultaneous equating analysis. Natural gas is a fossil fuel strength source. Natural gas holds many different compounds. The largest component of oil is methane, a compound with individual carbon bit and four hydrogen atoms (CH4). Natural gas also contains tinier amounts of natural gas liquids (NGLs, that are also hydrocarbon smoke liquids), and nonhydrocarbon gases, in the way that carbon dioxide and water vapor. We use oil as a fuel and to make fabrics and chemicals. According to the findings concerning this study, carbon emissions raise the legitimate exchange rate, people, and natural gas output while cutting down natural gas consumption. Furthermore, use of oil raises natural gas production, GDP per capita, and energy force. This report advises the government to produce clean and effective alternative energy in answer to natural gas demand for domestic and worldwide markets. Furthermore, in order to establish a equalized situation middle from two points human activities and natural assets, the government must transition from a oil energy structure to a clean energy system.

Author(s) Details:

Hasdi Aimon,
Faculty of Economics and Business, Universitas Negeri Padang, Indonesia.

Anggi Putri Kurniadi,
Faculty of Economics and Business, Universitas Negeri Padang, Indonesia.

Please see the link here: https://stm.bookpi.org/AOBMER-V2/article/view/11887

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