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CO2-emissions from Norwegian oil and gas extraction

Ekaterina Gavenas (), Knut Einar Rosendahl and Terje Skjerpen
Additional contact information
Ekaterina Gavenas: School of Economics and Business, Norwegian University of Life Sciences, Postal: Norwegian University of Life Sciences, School of Economics and Business, P.O. Box 5003 NMBU, N-1432 Ås, Norway

No 07-2015, Working Paper Series from Norwegian University of Life Sciences, School of Economics and Business

Abstract: Emissions from oil and gas extraction matter for the lifecycle emissions of fossil fuels, and account for significant shares of domestic emissions in many fossil fuel exporting countries. In this study we investigate empirically the driving forces behind CO2-emission intensities of Norwegian oil and gas extraction, using detailed field-specific data that cover all Norwegian oil and gas activity. We find that emissions per unit extraction increase significantly as a field’s extraction declines. Moreover, emission intensities increase significantly with a field’s share of oil in total oil and gas reserves. We also find some indication that oil and CO2-prices may have influenced emission intensities on the Norwegian continental shelf.

Keywords: CO2-emissions; Oil and gas extraction; Panel data estimation (search for similar items in EconPapers)
JEL-codes: C23 L71 Q54 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2015-03-17
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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