Can Declining Energy Intensity Mitigate Climate Change? Decomposition and Meta-Regression Results
AbstractDrawing on the Kaya identity, we assess the role of the main driver of the decline in carbon intensity, namely the (economic) energy intensity. Using meta-signi?ficance testing for a sample of 44 studies, dealing with the causality between energy and GDP, we ?find that both variables are strongly coupled. Hence, after having exhausted energy savings from nonrecurring structural changes, the economic energy intensity may soon converge than being arbitrarily reducible. We suggest, therefore, not to rely on further reductions of economic energy intensity but rather to invest in the reduction of the carbon intensity of energy to mitigate climate change.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Max Planck Institute of Economics, Evolutionary Economics Group in its series Papers on Economics and Evolution with number 2012-11.
Length: 11 pages
Date of creation: 31 May 2012
Date of revision:
Find related papers by JEL classification:
- C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
- Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-06-13 (All new papers)
- NEP-ENE-2012-06-13 (Energy Economics)
- NEP-ENV-2012-06-13 (Environmental Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- James E. Payne, 2010. "Survey of the international evidence on the causal relationship between energy consumption and growth," Journal of Economic Studies, Emerald Group Publishing, vol. 37(1), pages 53-95, January.
- Ozturk, Ilhan, 2010. "A literature survey on energy-growth nexus," Energy Policy, Elsevier, vol. 38(1), pages 340-349, January.
- Christian Gross, 2011.
"Explaining the (non-) causality between energy and economic growth in the U.S. - A multivariate sectoral analysis,"
Papers on Economics and Evolution
2011-04, Max Planck Institute of Economics, Evolutionary Economics Group.
- Gross, Christian, 2012. "Explaining the (non-) causality between energy and economic growth in the U.S.—A multivariate sectoral analysis," Energy Economics, Elsevier, vol. 34(2), pages 489-499.
- T. D. Stanley, 2005. "Beyond Publication Bias," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 309-345, 07.
- Brännlund, Runar & Ghalwash, Tarek & Nordström, Jonas, 2004.
"Increased Energy Efficiency and the Rebound Effect: Effects on consumption and emissions,"
UmeÃ¥ Economic Studies
642, Umeå University, Department of Economics.
- Brannlund, Runar & Ghalwash, Tarek & Nordstrom, Jonas, 2007. "Increased energy efficiency and the rebound effect: Effects on consumption and emissions," Energy Economics, Elsevier, vol. 29(1), pages 1-17, January.
- Sorrell, Steve, 2009. "Jevons' Paradox revisited: The evidence for backfire from improved energy efficiency," Energy Policy, Elsevier, vol. 37(4), pages 1456-1469, April.
- Baksi, Soham & Green, Chris, 2007. "Calculating economy-wide energy intensity decline rate: The role of sectoral output and energy shares," Energy Policy, Elsevier, vol. 35(12), pages 6457-6466, December.
- Henriques, Sofia Teives & Kander, Astrid, 2010. "The modest environmental relief resulting from the transition to a service economy," Ecological Economics, Elsevier, vol. 70(2), pages 271-282, December.
- Kander, Astrid, 2005. "Baumol's disease and dematerialization of the economy," Ecological Economics, Elsevier, vol. 55(1), pages 119-130, October.
- Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-76, March.
- Druckman, Angela & Chitnis, Mona & Sorrell, Steve & Jackson, Tim, 2011. "Missing carbon reductions? Exploring rebound and backfire effects in UK households," Energy Policy, Elsevier, vol. 39(6), pages 3572-3581, June.
- Corina PÎRLOGEA & Ion POPA & Corina FR?SINEANU, 2012. "Macroeconomic Indicators Used to Study the Efficiency of Investments in Renewable Energy Field," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 308-315, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karin Serfling).
If references are entirely missing, you can add them using this form.