Economics of energy and environmental efficiency: evidence from OECD countries.

In this study, primary energy consumption (PEC) and population are two basic inputs along with gross domestic product (GDP) and carbon dioxide emissions that are desirable and undesirable  outputs, respectively. The practical outcomes illustrate that Brunei, Australia, Singapore, and Hong Kong are the most effective and efficient states for the 5 years periods (2013-2017) in terms of energy efficiency and to reduce emission of carbon dioxide. In addition, other states in the OECD region shows greater economic proficiency than environmental proficiency. Furthermore, the results shows that energy efficiency has strong bonding with carbon emissions; however there is a weaker association between economic-environmental efficiency. Thus, the attainment of optimal level of energy efficiency could be more pivotal than economic efficiency to improve environmental efficiency in countries from the OECD region. PMID: 31823262 [PubMed - as supplied by publisher]
Source: Environmental Science and Pollution Research International - Category: Environmental Health Authors: Tags: Environ Sci Pollut Res Int Source Type: research