Economic Globalization and Energy Demand

The world has been focusing more on a globalized economy through social integration, political integration,    economic    integration,    technology    development,    international    finance    and multinational   operation   of   transactional   corporations   and   international   trade.   With   the development of advanced technology, R and D spillover, international trade and social, political and economic integrations, the process of economic globalization has been changing rapidly and worldwide .
The rising dependence on globalization impacts economic conditions and influences human life and welfare's social and political aspects. According to Gozgor and Ranjan  , rapid   economic   globalization  improves  the   country's   welfare   through  the channels  of  better  international  relations  via  trade  and  capital  flows.  High  dependence  on globalization enhances the better economic performance of developed and developing economies in  the  long  run  .
 However,  the  current  globalization  process  and  structural transactions  have  been  necessary  for  a  better  linkage  between  globalization  and  the  country's economic  condition.  Still,  it  also  makes  a  natural  relationship between  economic  globalization  and energy consumption demand. Moreover,  in  the  last  few  decades,  the  role  of  globalization  and  the  environment  has  been debated issues due to significant environmental consciousness, unfavourable climate change and serious  attention  on  industrialization,  the  transport  sector  and  building.
 The  share  of  carbon emissions   (CO?)   proxy  for   environmental   quality  has   been   increasing  in   our   planet   and contributing to greenhouse gas emissions.  According  to  Intergovernmental  Panel  on  Climate  Change, CO? emissions  contribution  to  air  pollution  was  increasing  day-by-days  and  reported  as  the  main component  for  reducing  environmental  quality.