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Article

Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries

1
Centre for Business and Economics Research, Faculty of Economics, University of Coimbra, 3004-512 Coimbra, Portugal
2
Departamento de Economia, Gestão, Engenharia Industrial e Turismo, University of Aveiro, 3810-193 Aveiro, Portugal
3
Polytechnic Institute of Santarém, Center for Advanced Studies in Management and Economics, Évora University, 7000-812 Évora, Portugal
4
Center for African and Development Studies, Lisbon University, 1200-781 Lisbon, Portugal
5
Department of Economics and Development Studies, Federal University Ndufu Alike Ikwo, Abakaliki 1010, Nigeria
6
Department of Economics and Finance, Istanbul Gelisim University, Istanbul 34310, Turkey
7
Faculty of Economics, University of Coimbra, 3004-512 Coimbra, Portugal
8
Faculty of Economics and Administration, University of Malaya, Kuala Lumpur 50603, Malaysia
9
Department of Power Engineering and Electrical Automation (PEA) (POLI), University of São Paulo, São Paulo 05508-010, Brazil
10
Institute of Energy and Environment, University of São Paulo, São Paulo 05508-900, Brazil
*
Author to whom correspondence should be addressed.
Sustainability 2021, 13(24), 13611; https://doi.org/10.3390/su132413611
Submission received: 12 November 2021 / Revised: 2 December 2021 / Accepted: 3 December 2021 / Published: 9 December 2021
(This article belongs to the Special Issue Renewable Energy Consumption and Economic Growth)

Abstract

This analysis explored the effect of battery electric vehicles (BEVs) on greenhouse gas emissions (GHGs) in a panel of twenty-nine countries from the European Union (EU) from 2010 to 2020. The method of moments quantile regression (MM-QR) was used, and the ordinary least squares with fixed effects (OLSfe) was used to verify the robustness of the results. The MM-QR support that in all three quantiles, economic growth causes a positive impact on GHGs. In the 50th and 75th quantiles, energy consumption causes a positive effect on GHGs. BEVs in the 25th, 50th, and 75th quantiles have a negative impact on GHGs. The OLSfe reveals that economic growth has a negative effect on GHGs, which contradicts the results from MM-QR. Energy consumption positively impacts GHGs. BEVs negatively impacts GHGs. Although the EU has supported a more sustainable transport system, accelerating the adoption of BEVs still requires effective political planning to achieve net-zero emissions. Thus, BEVs are an important technology to reduce GHGs to achieve the EU targets of decarbonising the energy sector. This research topic can open policy discussion between industry, government, and researchers, towards ensuring that BEVs provide a climate change mitigation pathway in the EU region.
Keywords: battery electric vehicles; greenhouse gas emissions; energy consumption; method of moments quantile regression; European Union battery electric vehicles; greenhouse gas emissions; energy consumption; method of moments quantile regression; European Union

Share and Cite

MDPI and ACS Style

Fuinhas, J.A.; Koengkan, M.; Leitão, N.C.; Nwani, C.; Uzuner, G.; Dehdar, F.; Relva, S.; Peyerl, D. Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries. Sustainability 2021, 13, 13611. https://doi.org/10.3390/su132413611

AMA Style

Fuinhas JA, Koengkan M, Leitão NC, Nwani C, Uzuner G, Dehdar F, Relva S, Peyerl D. Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries. Sustainability. 2021; 13(24):13611. https://doi.org/10.3390/su132413611

Chicago/Turabian Style

Fuinhas, José Alberto, Matheus Koengkan, Nuno Carlos Leitão, Chinazaekpere Nwani, Gizem Uzuner, Fatemeh Dehdar, Stefania Relva, and Drielli Peyerl. 2021. "Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries" Sustainability 13, no. 24: 13611. https://doi.org/10.3390/su132413611

APA Style

Fuinhas, J. A., Koengkan, M., Leitão, N. C., Nwani, C., Uzuner, G., Dehdar, F., Relva, S., & Peyerl, D. (2021). Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries. Sustainability, 13(24), 13611. https://doi.org/10.3390/su132413611

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