Journal
ENERGY ECONOMICS
Volume 80, Issue -, Pages 680-690Publisher
ELSEVIER
DOI: 10.1016/j.eneco.2019.02.010
Keywords
CO2 emissions; Fossil fuel consumption; Oil; Gas; Coal; Renewables; Threshold regression
Categories
Ask authors/readers for more resources
We examine how different types of primary energy consumption (i.e. oil, coal, gas, hydroelectric and other renewables) contribute to carbon dioxide emissions (CO2) in the world. We allow the effects of each energy source on emissions to vary according to countries' real income or total emission levels. To achieve this, we use a panel breaking regression with four endogenously determined break points, employing time series (1965-2016) data across 60 major pollutant countries with over 2600 observations. Our analysis distinguishes between five optimally-determined country groupings at differing stages of industrialization, technology and scale, in terms of how they generate emissions from different fossil fuels. Our findings suggest that there exist different trade-offs from switching from one primary fuel source to another at different income levels and highlight how significant fuel-specific gains can be made by using other comparable economies as benchmarks. (C) 2019 Elsevier B.V. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available