Energy Efficiency as a Way to Ecological Safety: Evidence From Russia
Valeriia Denisova
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Valeriia Denisova: Department of Financial Markets and Banks, Financial University under the Government of the Russian Federation, Moscow, Russia
International Journal of Energy Economics and Policy, 2019, vol. 9, issue 5, 32-37
Abstract:
The paper proposes the link between effective use of energy and reduction of carbon emissions at the case of Russia. A number of energy efficiency indicators are reviewed and calculated. Deterministic analysis is conducted to identify what factors influence carbon intensity the most. The analysis has shown that increasing energy intensity causes a much greater increase in carbon intensity. This paper adopts the method of chain substitutions to calculate the contribution of each factor to the changes in the carbon intensity over a period of time. Therefore, it must be the ultimate goal to achieve a sustainable economy by consuming less energy which in its turn will lead to less CO2 emission.
Keywords: energy consumption; energy efficiency; carbon intensity; method of chain substitutions. (search for similar items in EconPapers)
JEL-codes: O44 O52 Q40 Q43 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (14)
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2019-05-6
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