The Impact of the Spanish Foreign Trade on its Real CO2 Emissions

Abstract:

CO2 emissions are a global problem. This means that nothing or very little will change if only particular countries are involved. The aim of this paper is the attempt to show the real CO2 emissions of Spain as well as the impact of its trade on CO2 emissions in other countries in the world and in the EU in 2017. This study was conducted on the group of countries that are the major emitters of CO2 in the world including most of the EU members. Countries with negligible CO2 emissions were omitted. Actual CO2 emissions were obtained by applying the actual emission factor. This considers the transfer of CO2 in export products and services as well as those imported by particular countries. The real CO2 emissions in Spain are significantly different from the gross values, which represent the CO2 emissions in particular countries. It is also important to indicate that the isolated actions of a single country within the European Union itself do not deliver the intended global and regional target - positive changes in CO2 emissions reduction. The approach to the issue of CO2 emissions, proposed in this study, directly affects the results of individual EU member states in implementing their energy policy objectives. The article shows a different approach to the issue of CO2 emission.