Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7406743 | Energy Policy | 2012 | 9 Pages |
Abstract
⺠We empirically test the distinct effects of decomposing energy by source on growth. ⺠We focus on 24 European Countries (1990-1907) by applying a panel data approach. ⺠Fossil fuels lead to dissimilar effects on growth. Coal hampers and oil stimulates it. ⺠Economic growth does not appear to improve with the paradigm change to renewable. ⺠High costs of promotion of renewables are being placed excessively upon the economy.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
António Cardoso Marques, José Alberto Fuinhas,