This paper attempts to
investigate the impact of economic growth, population, and energy consumption
on consumption-based CO2 emissions for a global panel of China and
U.S. with the comparison of two dynamic models, pooled OLS and LSDV, for the
period 1990–2016. The empirical evidence indicates significant positive impacts
of economic growth and energy consumption and negative effect of population on
CO2 emissions for global panels. Besides, it shows the different
responsibilities on reducing energy consumption and CO2 emissions
between developing and developed countries.