US CO2 emissions and IPCC components : Evidence of persistence using fractional integration

This paper investigates the persistence of CO2 emissions in the US and per Intergovernmental Panel on Climate Change (IPCC) category contribution, evaluating its persistence across time (1970–2022). The structure of the integration factor and major structural breaks are examined to determine the deg...

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Detalles Bibliográficos
Autores: Martin-Valmayor, Miguel A., Infante, Juan, Carmona-González, Nieves, Gil-Alana, Luis A.
Tipo de recurso: artículo
Fecha de publicación:2025
País:España
Institución:Universidad Francisco de Vitoria
Repositorio:DDFV. Repositorio Institucional de la Universidad Francisco de Vitoria
Idioma:inglés
OAI Identifier:oai:ddfv.ufv.es:10641/6853
Acceso en línea:https://hdl.handle.net/10641/6853
Access Level:acceso abierto
Palabra clave:CO
Fractional integration
Long memory
Pollutants
Time trends
United States
Ecology, Evolution, Behavior and Systematics
Environmental Science (miscellaneous)
Agricultural and Biological Sciences (miscellaneous)
Management, Monitoring, Policy and Law
SDG 13 - Climate Action
Yes
yes
Descripción
Sumario:This paper investigates the persistence of CO2 emissions in the US and per Intergovernmental Panel on Climate Change (IPCC) category contribution, evaluating its persistence across time (1970–2022). The structure of the integration factor and major structural breaks are examined to determine the degree of persistence across sectors and to assess policy effectiveness. Empirical results show clear evidence of persistence and non-mean reversion patterns in the long-term CO2 emissions in all sectors; though, log-data show weak mean reversion across global bioenergetic emissions and fossil manufacturing-civil airline emissions. Moreover, structural breaks results suggest that these breaks are mostly related to economic shocks rather than to environmental policies. Excepting Road and Transportation, all IPCC sectors show decreasing emission patterns since 2000. Thus, this persistent profile would suggest that emissions from these sectors would maintain this decreasing pattern in the future. However, Road and Transportation (29 % of total emissions) exhibit a different growing pattern, that suggests further increases if no additional measures are taken. Therefore, to accomplish IPCC commitments, more efforts are recommended with a special focus in the Road and Transportation sector to change the long-term US CO2 emission pattern.