Tracking the change in Spanish greenhouse gas emissions through an LMDI decomposition model: A global and sectoral approach

The reduction of GHG emissions to reverse the greenhouse effect is one of the main challenges in this century. In this paper we pursue two objectives. First, we analyze the evolution of GHG emissions in Spain in 2008-2018, at both the global and sectoral levels, with the variation in emissions decomposed into a set of determining factors. Second, we propose several actions specifically oriented to more tightly controlling the level of emissions. Our results showed a remarkable reduction (18.44%) in GHG emissions, mainly due to the intensity effect, but also to the production-per-capita effect. We detected somewhat different patterns among the various sectors analyzed. While the intensity effect was the most influential one in the agricultural, transport, and others sectors, the production-per-capita effect was predominant in the case of industry. The carbonization effect was revealed as crucial in the commerce sector. The above findings highlight the importance of the energy efficiency measures taken in recent years in the Spanish economy, also pointing to the need to deepen those strategies and to propose new measures that entail greater efficiency in emissions. Additional efforts in areas like innovation, R&D, diffusion of more eco-friendly technologies, and a greater use of greener energies all prove to be essential reduction actions to fight the greenhouse effect.

Stationarity and cycles in the energy consumption in the United States

The purpose of this paper is twofold: analyzing stationarity of energy consumption by source in the United States and studying their cycles and pairwise synchronization. We study a panel of nine time series of monthly energy consumption for the period 1973-2022. Four of the series (namely coal, natural gas, petroleum, and nuclear electric power consumption) are non-renewables, whereas the remaining ones (hydroelectric power, geothermal, biomass, solar, and wind energy consumption) are renewable energy sources. We employ a nonparametric, panel stationarity testing approach. The results indicate that most of the series may be trend-stationarity, with nuclear and geothermal energy consumption being the only exceptions. Additionally, a study on potential cycles in the series of energy consumption by source is carried out, and subsequently we analyze pairwise concordance between states of different energy sources and between states of energy sources and the business cycle. Significant correlations are detected in the latter analysis, which are positive in the case of fossil fuel sources and negative for two renewable sources, namely geothermal and biomass energy consumption.

EU-28's progress toward the 2020 renewable energy share: a club convergence analysis

This paper assesses the convergence of the EU-28 countries toward their common goal of 20% in the renewable energy share indicator by year 2020. The potential presence of clubs of convergence toward different steady-state equilibria is also analyzed from both the standpoints of global convergence to the 20% goal and specific convergence to the various targets assigned to Member States. Two clubs of convergence are detected in the former case, each corresponding to different renewable energy source targets. A probit model is also fitted with the aim of better understanding the determinants of club membership, which seemingly include real GDP per capita, expenditure on environmental protection, energy dependence, and nuclear capacity, with all of them having statistically significant effects. Finally, convergence is also analyzed separately for the transport, heating and cooling, and electricity sectors.