Template-type: ReDIF-Paper 1.0
Author-Name: Josué Barrera-Santana
Author-Workplace-Name: Universidad de La Laguna and CEDESOG.
Author-Name: Gustavo A. Marrero
Author-Workplace-Name: Universidad de La Laguna and CEDESOG.
Author-Name: Luis A. Puch
Author-Email: lpuch@ccee.ucm.es
Author-Workplace-Name: Universidad Complutense de Madrid and ICAE. 
Author-Name: Antonia Díaz
Author-Workplace-Name: Universidad Carlos III de Madrid.
Title: CO2 Emissions and Energy Technologies in Western Europe
Abstract: In this paper we investigate the path to the green transition in Europe. In so doing, we implement an empirical model of dynamic panel data on a sample of sixteen 
	Western European countries over the period 1980 to 2019. The model is consistent with various features of neo- classical growth theory incorporating energy use. Our 
	focus is on the short-run determinants of carbon emissions within that set of countries. We provide evidence that the relationship between economic activity and CO2 
	emissions is strong in economies where economic booms depend on energy intensive sectors. Also, the mitigating role of renewable energy technologies is key when 
	energy intensity rebounds. These circumstances may constitute a challenge for the climate transition goals targeted in the EU’s Recovery Plan, whose main objective at 
	this very moment is to mitigate the economic and social impact of the coronavirus pandemic.
Classification-JEL: C23, Q43, Q5.
Keywords: CO2 Emissions; Energy; Business Cycles; Panel Data.
Length: 47 pages 
Creation-Date: 2021-03
Number: 2021-07
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae2107.txt
File-URL: https://eprints.ucm.es/id/eprint/64889/1/2107.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:2107