气候变化领域集成服务门户(CCPortal): Energy consumption as an indicator of energy efficiency and emissions in the European Union: A GMM based quantile regression approach

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DOI	10.1016/j.enpol.2021.112572
	Energy consumption as an indicator of energy efficiency and emissions in the European Union: A GMM based quantile regression approach
	Nepal R.; Musibau H.O.; Jamasb T.
发表日期	2021
ISSN	0301-4215
卷号	158
英文摘要	Energy efficiency can boost economic growth and reduce greenhouse gas (GHG) emissions. However, the global rate of energy efficiency improvement is slowing – a trend that has implications for consumers, businesses and the environment as the adverse climate change and pollution impacts deepen. The emissions in the EU have decreased by 17% in the past decade while member countries such as Germany, United Kingdom and Poland were among the largest emitters of CO2. This paper examines the effect of energy efficiency, proxied by final energy consumption, on CO2 emissions in the EU using a generalized methods of moments based on a quantile regression approach. We use the Panel Quantile ARDL for inference at various quantiles and support the ARDL estimations by the 2SLS estimations for robustness checks. We use the final energy consumption data as an indicator of energy efficiency as included in the energy efficiency indicators database of the International Energy Agency and emissions for the time period spanning 1980–2018. The results indicate that energy efficiency has reduced emissions by 8.6% on average in all the quantiles. Improving efficiency in petroleum consumption will enable the EU to reduce emissions as well as improve energy security by reducing imports as per the aims of the European Green Deal and the Efficiency First Principle. We also recommend that energy efficiency policies should account for possible rebound effects, which can limit their effectiveness. © 2021 Elsevier Ltd
英文关键词	Carbon emissions; Energy efficiency; European Union; Quantile-ARDL approach
语种	英语
scopus关键词	Carbon; Carbon dioxide; Climate change; Economics; Energy security; Energy utilization; Gas emissions; Greenhouse gases; Method of moments; Carbon emissions; Economic growths; Energy efficiency improvements; Energy-consumption; European union; Final energy; Greenhouse gas emissions; Quantile regression; Quantile-ARDL approach; Rate-of-energy; Energy efficiency; carbon emission; economic growth; energy efficiency; energy policy; European Union; greenhouse gas; regression analysis; Europe; Indicator indicator
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256539
作者单位	School of Business, Faculty of Business and Law, University of Wollongong, Australia; Tasmanian School of Business and Economics, University of Tasmania, Australia; Copenhagen School of Energy Infrastructure, Copenhagen Business School, Denmark
推荐引用方式 GB/T 7714	Nepal R.,Musibau H.O.,Jamasb T.. Energy consumption as an indicator of energy efficiency and emissions in the European Union: A GMM based quantile regression approach[J],2021,158.
APA	Nepal R.,Musibau H.O.,&Jamasb T..(2021).Energy consumption as an indicator of energy efficiency and emissions in the European Union: A GMM based quantile regression approach.Energy Policy,158.
MLA	Nepal R.,et al."Energy consumption as an indicator of energy efficiency and emissions in the European Union: A GMM based quantile regression approach".Energy Policy 158(2021).