Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries

José Alberto Fuinhas (), Matheus Koengkan, Nuno Leitão, Chinazaekpere Nwani, Gizem Uzuner (), Fatemeh Dehdar, Stefania Relva and Drielli Peyerl
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Matheus Koengkan: Departamento de Economia, Gestão, Engenharia Industrial e Turismo, University of Aveiro, 3810-193 Aveiro, Portugal
Fatemeh Dehdar: Faculty of Economics, University of Coimbra, 3004-512 Coimbra, Portugal
Stefania Relva: Department of Power Engineering and Electrical Automation (PEA) (POLI), University of São Paulo, São Paulo 05508-010, Brazil
Drielli Peyerl: Institute of Energy and Environment, University of São Paulo, São Paulo 05508-900, Brazil

Sustainability, 2021, vol. 13, issue 24, 1-26

Abstract: This analysis explored the effect of battery electric vehicles (BEVs) on greenhouse gas emissions (GHGs) in a panel of twenty-nine countries from the European Union (EU) from 2010 to 2020. The method of moments quantile regression (MM-QR) was used, and the ordinary least squares with fixed effects (OLSfe) was used to verify the robustness of the results. The MM-QR support that in all three quantiles, economic growth causes a positive impact on GHGs. In the 50th and 75th quantiles, energy consumption causes a positive effect on GHGs. BEVs in the 25th, 50th, and 75th quantiles have a negative impact on GHGs. The OLSfe reveals that economic growth has a negative effect on GHGs, which contradicts the results from MM-QR. Energy consumption positively impacts GHGs. BEVs negatively impacts GHGs. Although the EU has supported a more sustainable transport system, accelerating the adoption of BEVs still requires effective political planning to achieve net-zero emissions. Thus, BEVs are an important technology to reduce GHGs to achieve the EU targets of decarbonising the energy sector. This research topic can open policy discussion between industry, government, and researchers, towards ensuring that BEVs provide a climate change mitigation pathway in the EU region.

Keywords: battery electric vehicles; greenhouse gas emissions; energy consumption; method of moments quantile regression; European Union (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

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