Effect of COVID-19 on energy consumption and carbon dioxide emissions in Indonesia.

ABSTRACT: Despite the pandemic's negative effect on the economy, it can help reduce emissions from energy consumption activities in line with the Paris Agreement, especially for high-emitter countries such as Indonesia. However, the policy response to COVID-19 may rebound the emissions to their pre-pandemic levels. To design an efficient policy that considers both economic and environmental variables, this study uses a computable general equilibrium model that assesses how COVID-19 and its stimulus policy will affect the macroeconomic indicator, energy consumption, and emissions at the national and regional levels. The results show that macroeconomic indicators generally performed worse with the current stimulus policy in the short run than in the long run. Refined petroleum energy consumption took

SUBMITTER: Hartono D 

PROVIDER: S-EPMC10225303 | biostudies-literature | 2021 Oct

REPOSITORIES: biostudies-literature