The emission abatement policy paradox in Australia: evidence from energy-emission nexus
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Dosyalar
Tarih
2016
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Sprınger Heıdelberg
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This paper attempts to investigate the emissions embodied in Australia's economic growth and disaggregate primary energy sources used for electricity production. Using time series data over the period of 1990-2012, the ARDL bounds test approach to cointegration technique is applied to test the long-run association among the underlying variables. The regression results validate the long-run equilibrium relationship among all vectors and confirm that CO2 emissions, economic growth, and disaggregate primary energy consumption impact each other in the long-run path. Afterwards, the long- and short-run analyses are conducted using error correction model. The results show that economic growth, coal, oil, gas, and hydro energy sources have positive and statistically significant impact on CO2 emissions both in long and short run, with an exception of renewables which has negative impact only in the long run. The results conclude that Australia faces wide gap between emission abatement policies and targets. The country still relies on emission intensive fossil fuels (i.e., coal and oil) to meet the indigenous electricity demand.
Açıklama
WOS: 000382674800089
PubMed: 27421853
PubMed: 27421853
Anahtar Kelimeler
Electricity, CO2 emissions, Economic growth, Australia
Kaynak
Envıronmental Scıence and Pollutıon Research
WoS Q Değeri
Q2
Scopus Q Değeri
Q1
Cilt
23
Sayı
17
