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Promoting Decarbonisation Of The Energy Sector For A Climate Neutral Economy

Author

Listed:
  • CHITIGA, Georgiana

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania Author-Name: ISACHI, Silvia Elena
    Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

The article starts from the premise that, in the current context, the European Union has assumed the objective of achieving climate neutrality by 2050. Climate change and ambitious global and European CO₂ emission reduction targets require a transition from fossil fuels to renewable sources. In a global context marked by increasing greenhouse gas emissions, the study analyzes various strategies to reduce carbon emissions, including the expansion of renewable energy, energy efficiency and technological innovations. The analysis also explores innovative solutions, such as developing renewable energy sources, improving energy efficiency, and using advanced technologies for carbon storage and use. By adopting a coherent and coordinated approach, we can ensure not only a sustainable energy economy, but also a safer and greener future for future generations.

Suggested Citation

  • CHITIGA, Georgiana, 2024. "Promoting Decarbonisation Of The Energy Sector For A Climate Neutral Economy," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 12(1), pages 180-187, October.
    • Handle: RePEc:vls:rojfme:v:12:y:2024:i:1:p:180-187
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    More about this item

    Keywords

    climate-neutral economy; decarbonisation; renewable energy; energy efficiency;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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