Management accounting approach to analyse energy related CO2 emission: A variance analysis study of top 10 emitters of the world

Ratnakar Pani and Ujjaini Mukhopadhyay

Energy Policy, 2013, vol. 52, issue C, 639-655

Abstract: The paper undertakes a decomposition study of carbon dioxide emission of the top ten emitting countries over the period 1980–2007 using variance analysis method, with the objectives of examining the relative importance of the major determining factors, the role of energy structure and impact of liberalisation on emission and exploring the possibilities of arresting emission with simultaneous rise in population and income. The major findings indicate that although rising income and population are the main driving forces, they are neither necessary nor sufficient for increasing emission, rather energy structure and emission intensities are the crucial determinants, pointing towards the fact that a country with higher income and population with proper energy policy may be a low emitter and vice-versa. Since modern energy-intensive production limits the scope of reduction in total energy use, it is necessary to decouple the quantum of energy use from emission through technological upgradation. The results indicate that liberalisation resulted in higher emission. The paper attempts to illustrate the required adjustments in energy structure and suggests necessary policy prescriptions.

Keywords: CO2 emission; Variance analysis; Emission offsetting (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421512008828
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:52:y:2013:i:c:p:639-655

DOI: 10.1016/j.enpol.2012.10.024

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().