气候变化领域集成服务门户(CCPortal): Unraveling the structural sources of oil production and their impact on CO2 emissions

CCPortal

DOI	10.1016/j.eneco.2024.107488
	Unraveling the structural sources of oil production and their impact on CO2 emissions
	Herwartz, Helmut; Theilen, Bernd; Wang, Shu
发表日期	2024
ISSN	0140-9883
EISSN	1873-6181
起始页码	132
卷号	132
英文摘要	In this study, we examine the structural shortand long -run effects of oil supply and demand shocks on the production of crude oil. Among these, oil supply shocks are the major determinant of oil production. Furthermore, we adopt local projections to elicit that oil supply and aggregate demand shocks are significant drivers of CO2 emissions, whereas oil -specific demand shocks have only limited impact on overall emissions in the short-, mid-, and long-term. These findings underscore the limitations of current demand -side policies within a selected group of countries, emphasizing the necessity for global support and binding commitments to effectively reduce emissions from oil production and meet the climate targets set by the Paris Agreement in 2015.
英文关键词	Fossil fuels; Oil demand and supply shocks; CO2 emissions; Climate change; Energy policy; Global crude oil market; Oil demand and supply elasticity; Structural VAR model
语种	英语
WOS研究方向	Business & Economics
WOS类目	Economics
WOS记录号	WOS:001223569900001
来源期刊	ENERGY ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/292059
作者单位	University of Gottingen; Universitat Rovira i Virgili; Universitat Rovira i Virgili
推荐引用方式 GB/T 7714	Herwartz, Helmut,Theilen, Bernd,Wang, Shu. Unraveling the structural sources of oil production and their impact on CO2 emissions[J],2024,132.
APA	Herwartz, Helmut,Theilen, Bernd,&Wang, Shu.(2024).Unraveling the structural sources of oil production and their impact on CO2 emissions.ENERGY ECONOMICS,132.
MLA	Herwartz, Helmut,et al."Unraveling the structural sources of oil production and their impact on CO2 emissions".ENERGY ECONOMICS 132(2024).