The Effect of Renewable and Nuclear Energy on CO2 emissions and Economic Growth in Selected EU Countries

Abstract :

In the paper we examine how?Renewable and Nuclear?Energy consumption impact the economic growth and CO2 emissions using a four variable vector Auto regression methodology (VAR ) together with causality analysis ,forecast error variance decomposition and impulse response function .We use a sample for three countries (France ,Spain and Sweden ) with different level of economic development and social structure but with a high level of nuclear or / and?Renewable?Energy?consumption over the period (1970-1980).