Insights into CO2 emissions in Europe in the context of COVID-19: A panel data analysis

Jawadi, Fredj; Rozin, Philippe; Bourghelle, David

Document type :

Compte-rendu et recension critique d'ouvrage

DOI :

10.1016/j.inteco.2022.11.006

Title :

Insights into CO2 emissions in Europe in the context of COVID-19: A panel data analysis

Author(s) :

Jawadi, Fredj [Auteur]

Lille University Management Lab - ULR 4999 [LUMEN]
Rozin, Philippe [Auteur]

Lille University Management Lab - ULR 4999 [LUMEN]
Bourghelle, David [Auteur]

Lille University Management Lab - ULR 4999 [LUMEN]

Journal title :

International Economics

Pages :

164-174

Publisher :

Elsevier

Publication date :

2023-05

ISSN :

2110-7017

English keyword(s) :

CO2 emissions
COVID-19
Fossil energy
Renewable energy
Panel data

HAL domain(s) :

Sciences de l'Homme et Société/Gestion et management

English abstract : [en]

This paper analyzes the dynamics of CO2 emissions over the last decade for a large group of 25European countries, an issue that is at the center of the ecological transition project involvingvarious commitments (COP21, ...
Show more >This paper analyzes the dynamics of CO2 emissions over the last decade for a large group of 25European countries, an issue that is at the center of the ecological transition project involvingvarious commitments (COP21, COP26, G20 meetings, etc.). To this end, our model measures therepercussions of energy price shocks (oil, gas, coal) for carbon emissions, as well as changes inindustrial production and sustainable development in the context of the coronavirus pandemic.Using annual data for 23 EU countries, together with Russia and the UK, our findings show thatCO2 emissions reacted significantly to oil and coal price shocks and vary with industrial productioncycles. We quantified this reaction while computing the related elasticities. Further, whilea significant reduction in CO2 emissions was observed during the COVID-19 pandemic, thestepping up of investment in sustainable development and renewable energy consumption alsohad a negative impact on CO2 emissions. This suggests that the key driver to reducing the risk ofclimate change and lowering high carbon dioxide (CO2) emissions involves significant commitmentto sustainable development.Show less >

Language :

Anglais

Popular science :

Non

Collections :

Lille University Management Lab (LUMEN) - ULR 4999

Source :

Harvested from HAL

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