TY  - JOUR
TT  - Energy Pricing Policy and Environmental Quality in Nigeria:A Dynamic Computable General Equilibrium Approach
AU  - Akınyemi, Opeyemi
AU  - Alege, Philip. O.
AU  - Ajayi, Oluseyi. O.
AU  - Okodua, Henry
PY  - 2017
DA  - March
JF  - International Journal of Energy Economics and Policy
JO  - IJEEP
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4553
SP  - 268
EP  - 276
VL  - 7
IS  - 1
KW  - Energy Policy
KW  - Environmental Quality
KW  - Dynamic Computable General Equilibrium
N2  - The fuel subsidy policy as a policy had been argued to hamper efforts at environmental sustainability. Thus, this study investigates the extent to which the removal of fuel subsidy influences the level of carbon emissions in Nigeria over a 5 year period. It adopts the recursive dynamic version of the PEP Computable General Equilibrium (CGE) model based on the 2006 Nigerian Social Accounting Matrix (SAM). Simulating a partial, gradual and complete removal of import tariff on imported petrol indicates reduction of emissions only when subsidy removal was partial. Findings from the results showed carbon emissions marginally increased under the gradual and one shot removal. This suggests that removing petrol subsidy was not sufficient to reduce carbon emissions level, but should be accompanied with necessary supporting policies. Fuel blending can be a useful alternative to fossil fuel along with renewable energy and green growth practices to ensure a low-carbon growth strategy
UR  - https://dergipark.org.tr/tr/pub/ijeeep/issue//351171
L1  - https://dergipark.org.tr/tr/download/article-file/361712
ER  -