Would different methodologies for assessing carbon leakage exposure lead to different risk levels? A case study of the Brazilian industry
In: Climate policy, Band 19, Heft 9, S. 1102-1116
ISSN: 1752-7457
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In: Climate policy, Band 19, Heft 9, S. 1102-1116
ISSN: 1752-7457
In: The Geneva papers on risk and insurance - issues and practice, Band 43, Heft 2, S. 275-299
ISSN: 1468-0440
Although a cornerstone for development, past and current energy use has often posed a major challenge for policymakers with respect to planning and management. Within this context, in this paper an updated multi-sectorial cross-country assessment of energy consumption trends was undertaken, aiming at identifying the main drivers of changes in aggregate energy consumption. These drivers have been interpreted in the light of the policy measures that have been implemented over the years by different countries to achieve a sustainable development of the energy sector. The cross-country assessment encompasses a set of developed (United Kingdom, Portugal and Spain) and emerging (Brazil, China, and India) countries. Resorting to the Logarithmic Mean Divisia Index (LMDI) decomposition method, changes in the aggregate energy consumption were decomposed into three main explanatory effects: activity, structure and intensity. The major findings achieved reflect the relevance of intensity and activity effects in detriment of the structural effect. The assessment of energy consumption trends using the LMDI decomposition method provides critical information regarding which is the dominant factor that should be focused in policy design. ; This research was supported by a Marie Curie International Research Staff Exchange Scheme Fellowship within the 7th European Union Framework Programme, under project NETEP-European Brazilian Network on Energy Planning (PIRSES-GA-2013-612263). Support from CNPq is also acknowledged, as well as the support of ALGORITMI, a research Centre at the University of Minho. This work has been supported by COMPETE: POCI-01-0145-FEDER-007043 and FCT - Fundacao para a Ciencia e Tecnologia within the Project Scope: ...
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In: JEPO-D-22-00509
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