Outlining the Challenges to Energy Mix and Carbon Emissions:Data and Trend Analysis Regarding Nms-11
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Abstract
The last decades have been marked by a particularly significant topic - that of climate change. while, at the same time, the overall environmental impact of resource use continues to grow. Therefore, the discussion on the topic of the energy mix and carbon emissions is of global importance. Despite the Paris Agreement (2015) and the endorsement of the EU Green Deal, energy production and consumption patterns are changing very slowly and continue to predetermine how resources are used and waste generated. In view of this, the understanding of the processes should be the subject of special attention. Here, the purpose is to examine the impact of energy mix on carbon emissions in the 11 new member states (NMS-11) of the European Union. The research methodology is an ordinary least squares (OLS) regresiosn of annual data for the NMS-11 over the period 2020-2021. The results, following empirical analysis indicate that the greenhouse gas emissions in the NMS-11 can be reduced by raising the production of nuclear and renewable energy and by diminishing the production energy generated from fossil fuels.