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PERSPECTIVES ON THE RELATIONSHIP BETWEEN ENERGY COMMODITIES AND POVERTY
Abstract
The relationship between energy commodities and poverty can be studied from different perspectives, representing a multifaceted issue. In our present paper, we review the literature and explore the influence of different energy commodities such as electricity, natural gas, coal, and oil on income, health, education, environment, as parts of the poverty dimension. We underline the complex factors influencing how energy commodities and poverty interact. Access to electricity improves several aspects of our lives, such as income, health, education, and general quality of life. In regard to health and income, natural gas can also have a positive impact, although its use must be wisely considered in terms of the environment. Due to its carbon-intensive nature, coal has negative effects on both human health and the environment, despite its positive role for economic growth. Oil has its own impact on income poverty, health, and education, but it can also create challenges in energy access. Understanding energy commodities’ complexities can help guide strategies in order to more effectively combat energy poverty.
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