Optimizing production with energy and GHG emission constraints in Greece: An input-output analysis
Under its Kyoto and EU obligations, Greece has committed to a greenhouse gas (GHG) emissions increase of at most 25% compared to 1990 levels, to be achieved during the period 2008-2012. Although this restriction was initially regarded as being realistic, information derived from GHG emissions inventories shows that an increase of approximately 28% has already taken place between 1990 and 2005, highlighting the need for immediate action. This paper explores the reallocation of production in Greece, on a sector-by-sector basis, in order to meet overall demand constraints and GHG emissions targets. We pose a constrained optimization problem, taking into account the Greek environmental input-output matrix for 2005, the amount of utilized energy and pollution reduction options. We examine two scenarios, limiting fluctuations in sectoral production to at most 10% and 15%, respectively, compared to baseline (2005) values. Our results indicate that (i) GHG emissions can be reduced significantly with relatively limited effects on GVP growth rates, and that (ii) greater cutbacks in GHG emissions can be achieved as more flexible production scenarios are allowed.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
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.:
- Tarancón Morán, Miguel Ángel & del Rio, Pablo & Albiñana, Fernando Callejas, 2008. "Tracking the genealogy of CO2 emissions in the electricity sector: An intersectoral approach applied to the Spanish case," Energy Policy, Elsevier, vol. 36(6), pages 1915-1926, June.
- Jordi Roca & Mònica Serrano, 2006.
"Income growth and atmospheric pollution in Spain: an Input-Output approach,"
UHE Working papers
2006_04, Universitat Autònoma de Barcelona, Departament d'Economia i Història Econòmica, Unitat d'Història Econòmica.
- Roca, Jordi & Serrano, Monica, 2007. "Income growth and atmospheric pollution in Spain: An input-output approach," Ecological Economics, Elsevier, vol. 63(1), pages 230-242, June.
- Jordi Roca Jusmet & Monica Serrano Gutierrez, 2006. "Income Growth and Atmospheric Pollution in Spain: An Input-Output Approach," Working Papers in Economics 164, Universitat de Barcelona. Espai de Recerca en Economia.
- Ipek Tunc, G. & Turut-Asik, Serap & Akbostanci, Elif, 2007. "CO2 emissions vs. CO2 responsibility: An input-output approach for the Turkish economy," Energy Policy, Elsevier, vol. 35(2), pages 855-868, February.
- Sporri, C. & Borsuk, M. & Peters, I. & Reichert, P., 2007. "The economic impacts of river rehabilitation: A regional Input-Output analysis," Ecological Economics, Elsevier, vol. 62(2), pages 341-351, April.
- Oliveira, Carla & Antunes, Carlos Henggeler, 2004. "A multiple objective model to deal with economy-energy-environment interactions," European Journal of Operational Research, Elsevier, vol. 153(2), pages 370-385, March.
- Maenpaa, Ilmo & Siikavirta, Hanne, 2007. "Greenhouse gases embodied in the international trade and final consumption of Finland: An input-output analysis," Energy Policy, Elsevier, vol. 35(1), pages 128-143, January.
- Sanchez-Choliz, Julio & Duarte, Rosa, 2005. "Water pollution in the Spanish economy: analysis of sensitivity to production and environmental constraints," Ecological Economics, Elsevier, vol. 53(3), pages 325-338, May.
- Hondroyiannis, George & Lolos, Sarantis & Papapetrou, Evangelia, 2002. "Energy consumption and economic growth: assessing the evidence from Greece," Energy Economics, Elsevier, vol. 24(4), pages 319-336, July.
- Mark De Haan, 2001. "A Structural Decomposition Analysis of Pollution in the Netherlands," Economic Systems Research, Taylor & Francis Journals, vol. 13(2), pages 181-196.
- Hsu, George J. Y. & Chou, Feng-Ying, 2000. "Integrated planning for mitigating CO2 emissions in Taiwan: a multi-objective programming approach," Energy Policy, Elsevier, vol. 28(8), pages 519-523, July.
- Polemis, Michael. L., 2007. "Modeling industrial energy demand in Greece using cointegration techniques," Energy Policy, Elsevier, vol. 35(8), pages 4039-4050, August.
- Diakoulaki, D. & Mavrotas, G. & Orkopoulos, D. & Papayannakis, L., 2006. "A bottom-up decomposition analysis of energy-related CO2 emissions in Greece," Energy, Elsevier, vol. 31(14), pages 2638-2651.
- Salta, Myrsine & Polatidis, Heracles & Haralambopoulos, Dias, 2009. "Energy use in the Greek manufacturing sector: A methodological framework based on physical indicators with aggregation and decomposition analysis," Energy, Elsevier, vol. 34(1), pages 90-111.
When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:38:y:2010:i:3:p:1566-1577. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.