Lilia Karnizova - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:15:21+00:00Energy Efficiency and Fluctuations in CO2 Emissions
https://www.bankofcanada.ca/2021/10/staff-working-paper-2021-47/
Carbon dioxide emissions have been commonly modelled as rising and falling with total output. Yet many factors, such as energy-efficiency improvements and shifts to cleaner energy, can break this relationship. We evaluate these factors using US data and find that changes in energy efficiency of consumption goods explain a significant proportion of emissions fluctuations. This finding also implies that models that omit energy efficiency likely overestimate the trade-off between environmental protection and economic performance.2021-10-05T11:50:31+00:00enEnergy Efficiency and Fluctuations in CO2 Emissions2021-10-05Business fluctuations and cyclesClimate changeEconometric and statistical methodsStaff Working Paper 2021-47https://www.bankofcanada.ca/wp-content/uploads/2021/10/swp2021-47.pdfStaff Working Paper 2021-47Soojin JoLilia KarnizovaOctober 2021EE3E32QQ4Q43Q5Q50Q55