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| 1 |
ID:
103443
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| Publication |
2011.
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| Summary/Abstract |
This study evaluates the changes in CO2 emissions from energy consumption in Brazil for the period 1970-2009. Emissions are decomposed into production and consumption activities allowing computing the full set of energy sources consumed in the country. This study aims to develop a comprehensive and updated picture of the underlying determinants of emissions change from energy consumption in Brazil along the last four decades, including for the first time the recently released data for 2009. Results demonstrate that economic activity and demographic pressure are the leading forces explaining emission increase. On the other hand, carbon intensity reductions and diversification of energy mix towards cleaner sources are the main factors contributing to emission mitigation, which are also the driving factors responsible for the observed decoupling between CO2 emissions and economic growth after 2004. The cyclical patterns of energy intensity and economy structure are associated to both increments and mitigation on total emission change depending on the interval. The evidences demonstrate that Brazilian efforts to reduce emissions are concentrated on energy mix diversification and carbon intensity control while technology intensive alternatives like energy intensity has not demonstrated relevant progress. Residential sector displays a marginal weight in the total emission change.
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| 2 |
ID:
104883
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| Publication |
2011.
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| Summary/Abstract |
Successive studies attempting to clarify national aspects of ethanol demand have assisted policy makers and producers in defining strategies, but little information is available on the dynamic of regional ethanol markets. This study aims to analyze the characteristics of ethanol demand at the regional level taking into account the peculiarities of the developed center-south and the developing north-northeast regions. Regional ethanol demand is evaluated based on a set of market variables that include ethanol price, consumer's income, vehicle stock and prices of substitute fuels; i.e., gasoline and natural gas. A panel cointegration analysis with monthly observations from January 2003 to April 2010 is employed to estimate the long-run demand elasticity. The results reveal that the demand for ethanol in Brazil differs between regions. While in the center-south region the price elasticity for both ethanol and alternative fuels is high, consumption in the north-northeast is more sensitive to changes in the stock of the ethanol-powered fleet and income. These, among other evidences, suggest that the pattern of ethanol demand in the center-south region most closely resembles that in developed nations, while the pattern of demand in the north-northeast most closely resembles that in developing nations.
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