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DOI10.1007/s10640-024-00856-z
Green Energy Pathways Towards Carbon Neutrality
发表日期2024
ISSN0924-6460
EISSN1573-1502
英文摘要Trying to reach carbon neutrality is by no means plain sailing in times of energy crisis, price volatility, and war. The European Green Deal (EGD) prioritizes green pathways, but it is not enough when it copes with greenhouse gases (GHGs). The present research utilizes the Malmquist-Luenberger productivity index (MLPI) to estimate advancements in total factor productivity (TFP) in the European Union (EU). The study uses panel data from 1995 to 2019, in addition, there is comparison between two periods: 1995 - 1996 and 2018 - 2019, would provide important information about TFP progress or recession during a turbulent European era. Two MLPI models are applied, one that utilizes only non-renewable energy sources (NRES), while the other adopts renewable energy sources (RES). Encompassing inputs such as: electricity generation, labour force, and gross fixed capital formation (GFCF); desirable output: gross domestic product; and undesirable outputs: carbon dioxide (CO2) and methane (CH4). There is average productivity progress, more specifically the MLPI average productivity for NRES and RES is 2.14% and 7.34% respectively, meaning that the RES adoption leads to greater productivity performance by almost three times. This novel analysis might offer useful and practical information to policymakers through the measuring of TFP in order to effectively attain and accomplish carbon neutrality objectives.
英文关键词Climate change; Carbon neutrality; Greenhouse gases; Malmquist-Luenberger productivity index; Nonrenewable energy sources; Renewable energy sources; Sustainable development
语种英语
WOS研究方向Business & Economics ; Environmental Sciences & Ecology
WOS类目Economics ; Environmental Studies
WOS记录号WOS:001194620400001
来源期刊ENVIRONMENTAL & RESOURCE ECONOMICS
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/296383
作者单位University of Thessaly
推荐引用方式
GB/T 7714
. Green Energy Pathways Towards Carbon Neutrality[J],2024.
APA (2024).Green Energy Pathways Towards Carbon Neutrality.ENVIRONMENTAL & RESOURCE ECONOMICS.
MLA "Green Energy Pathways Towards Carbon Neutrality".ENVIRONMENTAL & RESOURCE ECONOMICS (2024).
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