Economics at your fingertips  

Analysis of the main drivers of CO2 emissions changes in Colombia (1990–2012) and its political implications

Rocío Román, José M. Cansino and José A. Rodas

Renewable Energy, 2018, vol. 116, issue PA, 402-411

Abstract: In this study, an Index Decomposition Analysis-Logarithmic Mean Divisia Index (IDA-LMDI) model was developed to find the drivers behind the changes in CO2 emissions between 1990 and 2012 in Colombia. The results facilitate the assessment of the impact in Colombia of the main measures regarding the mitigation of CO2 emissions. Likewise, it allows us to analyze whether the recent measures implemented by the Colombian authorities to mitigate emissions are moving in the right direction. To carry out the decomposition analysis, six effects were taken into consideration: carbonization, the substitution of fossil fuels, the penetration of renewable energy, energy intensity, wealth and population. The effects of income and population appear as drivers of emissions for the period analyzed. A stylized analysis allows richer conclusions to be extracted regarding a battery of recommendations for emission mitigation policies that are compatible with economic growth in Colombia.

Keywords: CO2 emissions; Renewable energy sources; Colombia; LMDI (search for similar items in EconPapers)
JEL-codes: Q56 Q58 C43 Q43 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
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:

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2018-04-28
Handle: RePEc:eee:renene:v:116:y:2018:i:pa:p:402-411