Modelling of the validity of kuznets curve of energy consumption in BRICS countries

Abstract EN

This study is to test experimentally the Kuznets curve of energy Consumption in BRICS countries during 1990-2018.

The Panel Auto Regressive Distributed Lag (ARDL) method and Kao co-integration analysis methodology was used to test for cointegration in the long run.

According to the results show do not support the EKC hypothesis stipulating an inverted U-shaped curb of per capita emissions as a function of per capita GDP in BRICS countries.

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Additionally, development of renewable energy really limits CO2 emissions and boosts economic growth in BRICS countries.

It is therefore recommended that the policymakers are required to focus on the green energy generation sector by increasing renewable energy production from the existing sources.