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{"id":63818,"date":"2022-10-08T11:20:28","date_gmt":"2022-10-08T10:20:28","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=63818"},"modified":"2024-08-19T14:36:23","modified_gmt":"2024-08-19T13:36:23","slug":"energy-efficiency-and-co2-emissions-evidence-from-the-uk-universities","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/energy-efficiency-and-co2-emissions-evidence-from-the-uk-universities\/","title":{"rendered":"Energy efficiency and CO2 emissions: evidence from the UK universities"},"content":{"rendered":"\n

Understanding how energy efficiency improvement can mitigate CO_{2<\/sub> emissions is critical for global climate change policies to ensure environmental sustainability and a low carbon future. Being the catalyst for training future generations, universities can play a leading role in this vision by adopting energy-saving and emissions reduction strategies. Using HESA data, a centralized system of reporting energy use and corresponding emissions, we adopt a two-step system GMM estimation procedure to estimate the effect of energy efficiency on CO_{2<\/sub> emissions for 119 UK universities over the period between 2008–2009 and 2018–2019. Results confirm that higher energy efficiency is conducive to lower emissions. However, the less-than-elastic relationship between energy efficiency and emissions implies that energy efficiency improvement alone cannot enable the UK universities to comply with their net-zero objectives unless they increasingly adopt renewable energy sources. Despite this, universities were able to avoid 2.21 gtCO_{2<\/sub>e emissions over the sample period due to energy efficiency improvements. Our results are robust to alternative specifications.<\/p>\n\n\n\n}}}

Shaikh M.S.U. Eskander & Khandokar Istiak (2022) Energy efficiency and CO_{2<\/sub> emissions: evidence from the UK universities, Applied Economics, DOI: 10.1080\/00036846.2022.2130872}