Page 98 - Contributed Paper Session (CPS) - Volume 6

CPS1835 Lili Chen et al.

Research on carbon emissions factors based on
the EKC
1
2
Lili Chen , Qiguang Dong
1 School of Economics and Management, Tsinghua University, Beijing, 100084, China
2 PLA Military Science Academy, Beijing, 100142, China

Abstract
The threat of climate change has been a major environmental challenge for
the past two decades due to increased global warming. The rise in carbon
dioxide emissions is considered to be one of the main causes of global
warming and climate instability. Based on the panel data of the G20, this paper
verifies the hypothesis of the EKC inverted U-shaped curve of the G20. The
results of the study show that the level of urbanization in developing countries
is positively related to carbon emissions. With the rapid development of
urbanization, energy consumption will increase and carbon emissions will
increase. The level of urbanization in developed countries is negatively
correlated with carbon emissions. As urbanization improves environmental
pollution control and energy use efficiency, it also reduces environmental
pressure to a certain extent. The impact of openness of developing countries
on carbon emissions is negative but not significant. Investment in
environmental governance is conducive to the improvement of the exporting
country's own environment, but this effect is not obvious. The openness of
developed countries has a positive impact on carbon emissions. The increase
in imports has caused some carbon emissions to be transferred to importing
countries, resulting in an increase in carbon emissions in importing countries.

Keywords
Carbon emissions; Economic growth; Population; EKC; G20

1. Introduction
The G20 is made up of seven advanced economies, twelve major emerging
economies and the European Union (EU). It accounts for two-thirds of the
world's population, 60% of the world's GDP, and 90% of the global economy.
Beyond that, the overall trade accounts for 80% of the global, including the
most developed countries and emerging market economies in the world. With
countries and regions which have international influence, the G20 is regarded
as a new platform for dialogue between developing and developed countries.
It is working to strengthen international communication and cooperation,
achieve emission reduction targets and respond to global warming.
As more and more people flood into cities, energy consumption increases,
lifestyle changes, and thus more emissions. Urbanization is a major process of
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