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We use scenario analysis to assess the macroeconomic effects of carbon transition policies aimed at mitigating climate change. To this end, we employ a version of the ECB's New Area-Wide Model (NAWM) augmented with a framework of disaggregated energy production and use, which distinguishes...
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Following a deep recession in 2020 and further contraction in 2021Q1, the euro area economy recovered rapidly in the second and third quarters thanks to high vaccination levels, increasing household and business adaptability to the virus, and continued forceful policy support. Looking ahead,...
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The carbon footprint (CF) linked to electricity consumption in buildings has become a significant environmental issue because of its significant role in greenhouse gas emissions. This study seeks to assess and examine the CF of electricity consumption in buildings across various building types....
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