Energy Consumption Versus Greenhouse Gas Emissions in EU

Abstract

Purpose: The article aims to trace out the interplay of the share of individual energy sources in the total consumption and greenhouse gas emissions from the European Union countries. Approach/Methodology/Design: By taking into account the share of individual energy sources in consumption in 2015, the EU countries were divided into 5 clusters. For each cluster, the values of the indicators for 2005 were determined to assess the changes. Additionally, energy dependence and greenhouse gas emissions factors were included. Findings: During the 2005-2015 period, the consumption of renewable energy increased, while the carbon dioxide emissions felt. It is difficult to say unequivocally whether limiting CO2 emissions through increased renewable energy sources consumption can be considered sufficient. It should also be pointed out that there was no clear link between the increase in the share of renewable energy sources and the decrease in energy dependence in EU countries. Practical Implications: The study directly refer to ongoing political debate on CO2 emissions at both the community and national levels in EU countries. Originality/Value: The study offers the first of its kind examination of the the interplay of the share of individual energy sources in the total consumption and greenhouse gas emissions from the European Union countries.