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Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2025) 1.5 Q3
Journal Citation IndicatorTM (2025) 0.25 Q4
Received: 2024-01-08  |  Accepted: 2024-04-23  |  Published: 2024-06-30

Title

Assessing energy consumption and greenhouse gas emissions in EU member states – decomposition analysis


Abstract

This paper addresses the growing global concern regarding energy consumption and its adverse environmental impacts, particularly the increase of greenhouse gas emissions linked to economic development and population growth. To comprehensively assess the environmental implications of energy consumption, a decomposition analysis employing the Index decomposition analysis (IDA) method with the logarithmic mean Divisia index (LMDI) approach was conducted, focusing on the drivers behind energy consumption and greenhouse gas emissions in the EU 27 from 1998 to 2018. This analysis discerns disparities between wealthier and less affluent countries. The findings highlight substantial reductions in greenhouse gas emissions and energy consumption within the EU, primarily attributed to the growing emphasis on reducing the emission intensity targeted by EU policies. Nonetheless, disparities persist among member states, primarily driven by economic activity levels. In relation to the unique economic structures of EU countries results however advocate for diversified approaches tailored to the unique conditions of each Member State to meet the set targets, with an emphasis on fostering collaboration, technology transfer, innovation, and renewable energy adoption to advance sustainability of the region.


Keywords

economic growth, energy consumption, CO2 emissions, EU 27, decomposition analysis


JEL classifications

F63 , F64 , K32 , O44 , P28


URI

http://jssidoi.org/jesi/article/1202


DOI


Pages

242-259


Funding

This work was supported by the Grant Agency for PhD Students and Junior Researchers at the University of Prešov in Prešov under grant GaPU 20/2023. This research was supported by the Scientific Grant Agency of the Ministry of Education, Science, Research, and Sport of the Slovak Republic and the Slovak Academy of Sciences as part of the research project VEGA 1/0554/24: Application of the principles of circular economy in the creation of circular business models in the sectors of construction, transport, mining, water, and waste management in the conditions of Slovakia.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Chovancová, Jana
University of Prešov, Prešov, Slovakia http://www.unipo.sk
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Štofejová, Lenka
University of Prešov, Prešov, Slovakia http://www.unipo.sk
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Gavura, Štefan
Technical University of Košice, Košice, Slovakia http://www.tuke.sk
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Novotný, Roman
University of Prešov, Prešov, Slovakia http://www.unipo.sk
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Rigelský, Martin
University of Prešov, Prešov, Slovakia http://www.unipo.sk
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

11


Number

4


Issue date

June 2024


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 2826  |  PDF downloads: 1222

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