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Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries

The United States has become the country hardest hit by the COVID-19 pandemic. This pandemic has not only led to the largest decline in economic output but also caused a sharp decline in carbon emissions and energy consumption in the United States after World War II. This study aims to evaluate how...

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Autores principales: Wang, Qiang, Han, Xinyu
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8454401/
https://www.ncbi.nlm.nih.gov/pubmed/33647303
http://dx.doi.org/10.1016/j.envres.2021.110936
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author Wang, Qiang
Han, Xinyu
author_facet Wang, Qiang
Han, Xinyu
author_sort Wang, Qiang
collection PubMed
description The United States has become the country hardest hit by the COVID-19 pandemic. This pandemic has not only led to the largest decline in economic output but also caused a sharp decline in carbon emissions and energy consumption in the United States after World War II. This study aims to evaluate how to spillover effects of the US economic slowdown caused by the COVID-19 pandemic on the 3E (Energy Economy Environment) in other countries. To this end, the international 3E for 2000 and 2014, and nine indicators based on network analysis to dynamically study the changes in the degree of 3E impact between countries. And then, we analyzed the impact of the epidemic on the 3E of various countries, with focusing on the interaction between the United States and other countries. The results show that the internal carbon emission density and internal energy consumption density of the United States declined during 2010–2014, whereas the internal carbon emission density and internal energy consumption density of developing countries increased. Next, changes in US carbon emissions induced by the epidemic have a more significant impact on Canada, China, Mexico, the European Union, and Russia. Finally, the internal and external carbon emission indexes of most countries have decreased, which indicates that most countries are affected by the carbon reduction and energy consumption caused by the pandemic in the US. This information provides a new perspective for assessing the impact of 3E between countries suffered from the COVID-19 Pandemic.
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spelling pubmed-84544012021-09-21 Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries Wang, Qiang Han, Xinyu Environ Res Article The United States has become the country hardest hit by the COVID-19 pandemic. This pandemic has not only led to the largest decline in economic output but also caused a sharp decline in carbon emissions and energy consumption in the United States after World War II. This study aims to evaluate how to spillover effects of the US economic slowdown caused by the COVID-19 pandemic on the 3E (Energy Economy Environment) in other countries. To this end, the international 3E for 2000 and 2014, and nine indicators based on network analysis to dynamically study the changes in the degree of 3E impact between countries. And then, we analyzed the impact of the epidemic on the 3E of various countries, with focusing on the interaction between the United States and other countries. The results show that the internal carbon emission density and internal energy consumption density of the United States declined during 2010–2014, whereas the internal carbon emission density and internal energy consumption density of developing countries increased. Next, changes in US carbon emissions induced by the epidemic have a more significant impact on Canada, China, Mexico, the European Union, and Russia. Finally, the internal and external carbon emission indexes of most countries have decreased, which indicates that most countries are affected by the carbon reduction and energy consumption caused by the pandemic in the US. This information provides a new perspective for assessing the impact of 3E between countries suffered from the COVID-19 Pandemic. Elsevier Inc. 2021-05 2021-02-26 /pmc/articles/PMC8454401/ /pubmed/33647303 http://dx.doi.org/10.1016/j.envres.2021.110936 Text en © 2021 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Wang, Qiang
Han, Xinyu
Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries
title Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries
title_full Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries
title_fullStr Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries
title_full_unstemmed Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries
title_short Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries
title_sort spillover effects of the united states economic slowdown induced by covid-19 pandemic on energy, economy, and environment in other countries
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8454401/
https://www.ncbi.nlm.nih.gov/pubmed/33647303
http://dx.doi.org/10.1016/j.envres.2021.110936
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