An Analysis of Environmental and Economic Impacts of Fossil Fuel Production in the U.S. from 2001 to 2015

The production and burning of fossil fuels is the primary contributor to CO2 emissions for the U.S. We assess the impact of producing coal, crude oil, and natural gas on the environment and economic well-being by analyzing state-level data from 2001 to 2015. Our findings show that coal production has led to more CO2 emissions and no significant benefit to economic well-being. Crude oil production has a non-significant impact on CO2 emissions but...