Iceland's Consumption and Decarbonisation
As an effort in combating climate change, the Icelandic government has set the ambitious goal of a carbon-neutral economy before the year 2040. Meanwhile, projections show continuing growth in private household consumption. The aim of this thesis is to examine these goals of carbon-neutrality using...
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Lunds universitet/Nationalekonomiska institutionen
2019
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ftulundlupsp:oai:lup-student-papers.lub.lu.se:8979048 2023-07-30T04:04:22+02:00 Iceland's Consumption and Decarbonisation Svavarsdottir, Gudrun 2019 application/pdf http://lup.lub.lu.se/student-papers/record/8979048 eng eng Lunds universitet/Nationalekonomiska institutionen http://lup.lub.lu.se/student-papers/record/8979048 Carbon emissions. Consumption. Decarbonisation. Iceland Business and Economics H1 2019 ftulundlupsp 2023-07-11T20:09:31Z As an effort in combating climate change, the Icelandic government has set the ambitious goal of a carbon-neutral economy before the year 2040. Meanwhile, projections show continuing growth in private household consumption. The aim of this thesis is to examine these goals of carbon-neutrality using an alternative way of accounting for carbon emissions, a consumption-based approach in contrast to production-based, keeping in mind the expected increase in consumption. The aim is twofold. Firstly, the relationship between consumption and emissions is examined. Granger causality was seen running from consumption to production-based emissions, while the opposite was the case for consumption-based emissions, which were shown to lead consumption. This suggests that lowering consumption-based emissions is impossible without lowering household consumption, while decoupling production-based emissions from consumption is shown to be possible. Secondly, these results are used to present rough scenarios showing different paths of consumption-based emissions depending on household consumption behaviour. If the goal is to decrease global emissions, not simply emissions within the borders of Iceland, it is unlikely that complete carbon-neutrality (i.e. consumption-based) is reached without changes in consumption. Other/Unknown Material Iceland Lund University Publications Student Papers (LUP-SP) |
institution |
Open Polar |
collection |
Lund University Publications Student Papers (LUP-SP) |
op_collection_id |
ftulundlupsp |
language |
English |
topic |
Carbon emissions. Consumption. Decarbonisation. Iceland Business and Economics |
spellingShingle |
Carbon emissions. Consumption. Decarbonisation. Iceland Business and Economics Svavarsdottir, Gudrun Iceland's Consumption and Decarbonisation |
topic_facet |
Carbon emissions. Consumption. Decarbonisation. Iceland Business and Economics |
description |
As an effort in combating climate change, the Icelandic government has set the ambitious goal of a carbon-neutral economy before the year 2040. Meanwhile, projections show continuing growth in private household consumption. The aim of this thesis is to examine these goals of carbon-neutrality using an alternative way of accounting for carbon emissions, a consumption-based approach in contrast to production-based, keeping in mind the expected increase in consumption. The aim is twofold. Firstly, the relationship between consumption and emissions is examined. Granger causality was seen running from consumption to production-based emissions, while the opposite was the case for consumption-based emissions, which were shown to lead consumption. This suggests that lowering consumption-based emissions is impossible without lowering household consumption, while decoupling production-based emissions from consumption is shown to be possible. Secondly, these results are used to present rough scenarios showing different paths of consumption-based emissions depending on household consumption behaviour. If the goal is to decrease global emissions, not simply emissions within the borders of Iceland, it is unlikely that complete carbon-neutrality (i.e. consumption-based) is reached without changes in consumption. |
format |
Other/Unknown Material |
author |
Svavarsdottir, Gudrun |
author_facet |
Svavarsdottir, Gudrun |
author_sort |
Svavarsdottir, Gudrun |
title |
Iceland's Consumption and Decarbonisation |
title_short |
Iceland's Consumption and Decarbonisation |
title_full |
Iceland's Consumption and Decarbonisation |
title_fullStr |
Iceland's Consumption and Decarbonisation |
title_full_unstemmed |
Iceland's Consumption and Decarbonisation |
title_sort |
iceland's consumption and decarbonisation |
publisher |
Lunds universitet/Nationalekonomiska institutionen |
publishDate |
2019 |
url |
http://lup.lub.lu.se/student-papers/record/8979048 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
http://lup.lub.lu.se/student-papers/record/8979048 |
_version_ |
1772815748406706176 |