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Towards a Green Energy Economy? A macroeconomic-climate evaluation of Sweden’s CO2 emissions

Mundaca, Luis LU ; Román, Rocio and Cansino, José M. (2015) In Applied Energy 148. p.196-209
Abstract
This paper provides a production and consumption-based empirical macroeconomic-climate assessment of Sweden’s CO2 emissions. The core methodology is based on three complementary quantitative methods, namely energy-economy-environment indicators, econometric analyses, and a multi-regional input output (MRIO) sectoral model. Based on the latest available data (1971–2011), indicators show a sharp decarbonisation of Sweden’s energy supply mix pre-1990, and reductions or reversals in energy intensity, CO2 intensity and energy use post-1990. Reductions in energy intensity are mostly attributed to substantial increases in economic activity rather than reductions in energy use. Econometric results show that variability of CO2 emissions is best... (More)
This paper provides a production and consumption-based empirical macroeconomic-climate assessment of Sweden’s CO2 emissions. The core methodology is based on three complementary quantitative methods, namely energy-economy-environment indicators, econometric analyses, and a multi-regional input output (MRIO) sectoral model. Based on the latest available data (1971–2011), indicators show a sharp decarbonisation of Sweden’s energy supply mix pre-1990, and reductions or reversals in energy intensity, CO2 intensity and energy use post-1990. Reductions in energy intensity are mostly attributed to substantial increases in economic activity rather than reductions in energy use. Econometric results show that variability of CO2 emissions is best explained by CO2 intensity than any other tested variable. The MRIO model shows that the Swedish emissions trading balance is negative with both the European Union and the rest of the world (i.e. embodied CO2 emissions in imports are higher than embodied emissions in exports). Sweden’s low-carbon intensity is a critical and horizontal explanatory factor in our results. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Sweden CO2 Emissions, Embodied emissions, E-3 Indicators, Econometric Assessment, Multi-Region Input–Output Analysis
in
Applied Energy
volume
148
pages
196 - 209
publisher
Elsevier
external identifiers
  • wos:000355063900021
  • scopus:84926003785
ISSN
1872-9118
DOI
10.1016/j.apenergy.2015.03.029
language
English
LU publication?
yes
id
317b2915-b6c4-4e09-8422-fb640154c8db (old id 5336883)
date added to LUP
2015-04-28 14:34:48
date last changed
2017-07-30 04:23:50
@article{317b2915-b6c4-4e09-8422-fb640154c8db,
  abstract     = {This paper provides a production and consumption-based empirical macroeconomic-climate assessment of Sweden’s CO2 emissions. The core methodology is based on three complementary quantitative methods, namely energy-economy-environment indicators, econometric analyses, and a multi-regional input output (MRIO) sectoral model. Based on the latest available data (1971–2011), indicators show a sharp decarbonisation of Sweden’s energy supply mix pre-1990, and reductions or reversals in energy intensity, CO2 intensity and energy use post-1990. Reductions in energy intensity are mostly attributed to substantial increases in economic activity rather than reductions in energy use. Econometric results show that variability of CO2 emissions is best explained by CO2 intensity than any other tested variable. The MRIO model shows that the Swedish emissions trading balance is negative with both the European Union and the rest of the world (i.e. embodied CO2 emissions in imports are higher than embodied emissions in exports). Sweden’s low-carbon intensity is a critical and horizontal explanatory factor in our results.},
  author       = {Mundaca, Luis and Román, Rocio and Cansino, José M.},
  issn         = {1872-9118},
  keyword      = {Sweden CO2 Emissions,Embodied emissions,E-3 Indicators,Econometric Assessment,Multi-Region Input–Output Analysis},
  language     = {eng},
  pages        = {196--209},
  publisher    = {Elsevier},
  series       = {Applied Energy},
  title        = {Towards a Green Energy Economy? A macroeconomic-climate evaluation of Sweden’s CO2 emissions},
  url          = {http://dx.doi.org/10.1016/j.apenergy.2015.03.029},
  volume       = {148},
  year         = {2015},
}