Economic Growth, CO2 Emissions Quota and Optimal Allocation under Uncertainty

This study attempts to link greenhouse gas emissions and economic development, under the premise of considering proposes an optimal quota emissions. Based on environmental Kuznets curve hypothesis, logarithmic value is inverted U-shaped function GDP per capita. The empirical results showed that most countries in world support hypothesis. Moreover, using data collected from Our World Data, allocation a can be found by minimizing uncertainty risk subject prespecified global growth rate. For government policymakers, they may apply framework this determine for each sector will ensure intended level domestic growth.