Searching for Correlations Between CO2 Emissions and Selected Economic Parameters
The Emission Trading Scheme is one of the economic instruments of environmental policy and it is used to achieve the goals of reducing greenhouse gas emissions. The Emission Trading Scheme is a common instrument of the European Union, which is mandatory for all member countries. The aim of this pape...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Czech Statistical Office
2019-06-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | https://www.czso.cz/documents/10180/88506448/32019719q2_151_rozensky_analyses.pdf/e70da242-df76-4cbd-b86c-698c3fa2de06?version=1.0 |
| _version_ | 1818381880465031168 |
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| author | Ladislav Rozenský Pavla Vrabcová Miroslav Hájek Tereza Veselá Petr Hukal |
| author_facet | Ladislav Rozenský Pavla Vrabcová Miroslav Hájek Tereza Veselá Petr Hukal |
| author_sort | Ladislav Rozenský |
| collection | DOAJ |
| description | The Emission Trading Scheme is one of the economic instruments of environmental policy and it is used to achieve the goals of reducing greenhouse gas emissions. The Emission Trading Scheme is a common instrument of the European Union, which is mandatory for all member countries. The aim of this paper is to assess the effectiveness of the greenhouse gas emissions trading system in the Czech Republic as one of the important instruments of environmental policy. The presented research model shows that greenhouse gas emissions were only minimally affected by the GDP index level and movement in the monitored time period. The model also shows that the most significant impact on the amount of greenhouse gas production in the given time period was the consumption of renewable energy and the consumption of fossil fuels. By contrast, the price of emission allowances on the market had a minimal effect on the production of greenhouse gases. |
| first_indexed | 2024-12-14T02:41:36Z |
| format | Article |
| id | doaj.art-a3a46eb6e5d94405af1e0295c3a69aae |
| institution | Directory Open Access Journal |
| issn | 0322-788X 1804-8765 |
| language | English |
| last_indexed | 2024-12-14T02:41:36Z |
| publishDate | 2019-06-01 |
| publisher | Czech Statistical Office |
| record_format | Article |
| series | Statistika: Statistics and Economy Journal |
| spelling | doaj.art-a3a46eb6e5d94405af1e0295c3a69aae2022-12-21T23:19:59ZengCzech Statistical OfficeStatistika: Statistics and Economy Journal0322-788X1804-87652019-06-01992151162Searching for Correlations Between CO2 Emissions and Selected Economic ParametersLadislav Rozenský0Pavla Vrabcová1Miroslav Hájek2Tereza Veselá3Petr Hukal4Czech University of Life Sciences Prague, Prague, Czech RepublicCzech University of Life Sciences Prague, Prague, Czech RepublicCzech University of Life Sciences Prague, Prague, Czech RepublicCzech University of Life Sciences Prague, Prague, Czech RepublicCzech University of Life Sciences Prague, Prague, Czech RepublicThe Emission Trading Scheme is one of the economic instruments of environmental policy and it is used to achieve the goals of reducing greenhouse gas emissions. The Emission Trading Scheme is a common instrument of the European Union, which is mandatory for all member countries. The aim of this paper is to assess the effectiveness of the greenhouse gas emissions trading system in the Czech Republic as one of the important instruments of environmental policy. The presented research model shows that greenhouse gas emissions were only minimally affected by the GDP index level and movement in the monitored time period. The model also shows that the most significant impact on the amount of greenhouse gas production in the given time period was the consumption of renewable energy and the consumption of fossil fuels. By contrast, the price of emission allowances on the market had a minimal effect on the production of greenhouse gases.https://www.czso.cz/documents/10180/88506448/32019719q2_151_rozensky_analyses.pdf/e70da242-df76-4cbd-b86c-698c3fa2de06?version=1.0Economic instrumentsemission trading schemeemission allowancesrenewable energy |
| spellingShingle | Ladislav Rozenský Pavla Vrabcová Miroslav Hájek Tereza Veselá Petr Hukal Searching for Correlations Between CO2 Emissions and Selected Economic Parameters Statistika: Statistics and Economy Journal Economic instruments emission trading scheme emission allowances renewable energy |
| title | Searching for Correlations Between CO2 Emissions and Selected Economic Parameters |
| title_full | Searching for Correlations Between CO2 Emissions and Selected Economic Parameters |
| title_fullStr | Searching for Correlations Between CO2 Emissions and Selected Economic Parameters |
| title_full_unstemmed | Searching for Correlations Between CO2 Emissions and Selected Economic Parameters |
| title_short | Searching for Correlations Between CO2 Emissions and Selected Economic Parameters |
| title_sort | searching for correlations between co2 emissions and selected economic parameters |
| topic | Economic instruments emission trading scheme emission allowances renewable energy |
| url | https://www.czso.cz/documents/10180/88506448/32019719q2_151_rozensky_analyses.pdf/e70da242-df76-4cbd-b86c-698c3fa2de06?version=1.0 |
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