ENERGY CONSUMPTION AND ENVIRONMENTAL DEGRADATION
EVIDENCE FROM ARDL APPROACH
Keywords:
Energy consumption, environment, environmental degradation, ARDL.Abstract
The study investigated the impact of energy consumption on environmental degradation in Nigeria, covering the period from 1985 to 2022 using the autoregressive distributed lag (ARDL) model. The findings show that while energy consumption had a positive butĀ
statistically insignificant long-term effect on environmental degradation, manufacturing had a significant negative impact. Urbanization is also linked to increased environmental stress in Nigeria. Based on these findings, the study recommends that efforts should focus on improving energy efficiency across various sectors. Policies should be implemented to encourageĀ
sustainable manufacturing practices, which could include regulations that require industries to adopt cleaner technologies, minimize waste, and reduce emissions. Additionally, incentives for companies that implement environmentally friendly practices would also be beneficial.