Is Fuel-Switching a No-Regrets Environmental Policy? VAR Evidence on Carbon Dioxide Emissions, Energy Consumption and Economic Performance in Portugal
Alfredo M. Pereira
Rui Manuel Marvão Pereira
carbon dioxide emissions, energy and the economy, environmental policy, fuel-switching, vector autoregressive model | carbon dioxide emissions | environmental policy | energy and the economy | fuel-switching | vector autoregressive model
The objective of this paper is to estimate the impact of carbon dioxide emissions from fossil fuel combustion activities on economic activity in Portugal in order to evaluate the economic costs of policies designed to reduce carbon dioxide emissions. We find that energy...