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DOI | 10.1007/s10640-024-00856-z |
Green Energy Pathways Towards Carbon Neutrality | |
发表日期 | 2024 |
ISSN | 0924-6460 |
EISSN | 1573-1502 |
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
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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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