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PROMOTING DECARBONISATION OF THE ENERGY SECTOR FOR A CLIMATE NEUTRAL ECONOMY

Georgiana Chitiga
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Georgiana Chitiga: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania Author-Name: ISACHI, Silvia Elena

Journal of Financial and Monetary Economics, 2024, vol. 12, issue 1, 180-187

Abstract: The article starts from the premise that, in the current context, the European Union has assumed the objective of achieving climate neutrality by 2050. Climate change and ambitious global and European CO₂ emission reduction targets require a transition from fossil fuels to renewable sources. In a global context marked by increasing greenhouse gas emissions, the study analyzes various strategies to reduce carbon emissions, including the expansion of renewable energy, energy efficiency and technological innovations. The analysis also explores innovative solutions, such as developing renewable energy sources, improving energy efficiency, and using advanced technologies for carbon storage and use. By adopting a coherent and coordinated approach, we can ensure not only a sustainable energy economy, but also a safer and greener future for future generations.

Keywords: climate-neutral economy; decarbonisation; renewable energy; energy efficiency (search for similar items in EconPapers)
JEL-codes: Q56 (search for similar items in EconPapers)
Date: 2024
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