Abstract

Currently, the global economic growth model is based on the input of resources, especially the input of energy. Throughout the energy structures all over the world, mostly coal, oil, natural gas and other high-carbon fossil fuels, and those high-carbon fossil fuels have become the main source of atmospheric carbon dioxide and other greenhouse gases. Economic growth and energy consumption, there should be causal relationship between economic growth and carbon dioxide emissions, the economic growth model can get rid of the fossil energy constraints, whereas carbon dioxide emissions can be disconnected from the economic growth, to cope with these problems facing the development of low-carbon economy in Mongolia. The research makes use of time-series model to test the causal relationship between economic growth and energy consumption, economic growth and carbon dioxide emissions as well as between energy consumption and carbon dioxide emissions.

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