Technological pathways to decarbonisation and the role of renewable energy: A study of European countries using consumption-based metrics

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dc.authoridOkere, Kingsley/0000-0002-1845-4583
dc.authoridBekun, Festus Victor/0000-0003-4948-6905
dc.authoridNwani, Chinazaekpere/0000-0003-4451-1833
dc.contributor.authorNwani, Chinazaekpere
dc.contributor.authorUsman, Ojonugwa
dc.contributor.authorOkere, Kingsley Ikechukwu
dc.contributor.authorBekun, Festus Victor
dc.date.accessioned2024-09-11T19:51:20Z
dc.date.available2024-09-11T19:51:20Z
dc.date.issued2023
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractTo decarbonise Europe in the post-COP26 era, current policies must be adjusted to account for the cross-border consequences of its consumption pattern. Using consumption-based Kaya identity metrics adjusted for emissions and energy embodied in traded goods and services, this study examines the nexus between technological factors defining energy transition progress, specifically energy and carbon intensities of the consumption mix, and carbon dioxide (CO2) emissions, in a sample of 20 European countries from 1995 to 2019. The empirical steps rely on panel-data estimators that are robust to cross-sectional dependence and allow for heterogeneous slope coefficients. The results show that energy and carbon intensities of the consumption mix have a positive relationship with CO2 emissions but a negative relationship with renewable energy consumption. The findings also verify an inverted U-shaped relationship between affluence and CO2 emissions through the energy and carbon intensity metrics. Additional tests show a unidirectional causality from carbon intensity of the energy mix to CO2 emissions and from renewable energy to the carbon intensity. Also, bidirectional causality exists between CO2 emissions and per capita GDP and energy intensity, and between renewable energy and energy intensity. By implication, renewable energy provides the technological path to mitigating consumption-induced emissions in Europe.en_US
dc.identifier.doi10.1016/j.resourpol.2023.103738
dc.identifier.issn0301-4207
dc.identifier.issn1873-7641
dc.identifier.scopus2-s2.0-85162245597en_US
dc.identifier.urihttps://doi.org/10.1016/j.resourpol.2023.103738
dc.identifier.urihttps://hdl.handle.net/11363/7757
dc.identifier.volume83en_US
dc.identifier.wosWOS:001012330100001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherElsevier Sci Ltden_US
dc.relation.ispartofResources Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240903_Gen_US
dc.subjectCO2 emissionsen_US
dc.subjectEnergy intensityen_US
dc.subjectCarbon intensityen_US
dc.subjectRenewable energyen_US
dc.subjectConsumption-based kaya identity metricsen_US
dc.subjectCOP26en_US
dc.titleTechnological pathways to decarbonisation and the role of renewable energy: A study of European countries using consumption-based metricsen_US
dc.typeArticleen_US

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