Energy Consumption as a Leading Factor of CO2 Emissions. Is the EKC still valid for the United States?
The objective of this paper is to examine the long-run relationship between CO2 emissions, economic output (GDP), and energy consumption in the US during the period 1960-2015. Energy consumption is investigated in its aggregated and disaggregated form i.e. Fossil Fuel, Nuclear, and Renewable energy to elicit a more precise diagnosis of the emission-energy-GDP nexus. The paper contributes to existi