Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281712 
Year of Publication: 
2023
Citation: 
[Journal:] Amfiteatru Economic [ISSN:] 2247-9104 [Volume:] 25 [Issue:] 63 [Year:] 2023 [Pages:] 429-446
Publisher: 
The Bucharest University of Economic Studies, Bucharest
Abstract: 
The energy transition is a priority for the European Union, both in terms of reducing greenhouse gas emissions and reducing its dependence on imported fossil fuels. The European Union is at the forefront of the fight against climate change caused by greenhouse gas emissions. This article presents the relationship between greenhouse gas emissions and the main factors that directly affect the growth of greenhouse gas emissions, such as GDP per capita or greenhouse gas emissions per capita in the previous period (t-1). To conduct this study, a panel data model was used with statistical data provided by EUROSTAT for the 27 Member States of the European Union for the period 2005-2020. Data processing was performed using the econometric program Eviews 8. The research results show that in developed countries, where GDP per capita is high, greenhouse gas emissions are also high. Therefore, the energy transition is a necessity, especially since these countries also have the financial resources to support it.
Subjects: 
energy transition
greenhouse gas emissions
green energy
sustainable development
European Union.
JEL: 
O13
O44
Q01
Q42
Q51
Q53
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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