The European Union (EU) is committed to decarbonising its economy by 2050. To that end, significant reductions in greenhouse gases from the energy and agricultural sectors are of critical importance. However, while the EU member states each pursue a different climate strategy, all member states’ emissions are regulated by EU climate law. This paper investigates the factors explaining carbon dioxide (CO2) emissions in the 27 member countries, using fully modified least squares (FMOLS) and quantile regression models. Before estimations, panel unit root and cointegration tests have been used for the period 1990-2018. The applied model examines the impact of economic...
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