TY - BOOK ID - 134186958 TI - Climate Change and Energy Security: The Dilemma or Opportunity of the Century? PY - 2022 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Macroeconomics KW - Economics: General KW - Environmental Conservation and Protection KW - Environmental Economics KW - Taxation KW - Energy and the Macroeconomy KW - Energy: Government Policy KW - Climate KW - Natural Disasters and Their Management KW - Global Warming KW - Environmental Economics: Government Policy KW - Taxation, Subsidies, and Revenue: General KW - Taxation and Subsidies: Externalities KW - Redistributive Effects KW - Environmental Taxes and Subsidies KW - Economic & financial crises & disasters KW - Economics of specific sectors KW - Climate change KW - Conservation of the environment KW - Public finance & taxation KW - Greenhouse gas emissions KW - Environment KW - Energy conservation KW - Carbon tax KW - Taxes KW - Currency crises KW - Informal sector KW - Economics KW - Greenhouse gases KW - Climatic changes KW - Environmental impact charges KW - Latvia, Republic of UR - https://www.unicat.be/uniCat?func=search&query=sysid:134186958 AB - This paper investigates the connection between climate change and energy security in Europe and provides empirical evidence that these issues are the two faces of the same coin. Using a panel of 39 countries in Europe over the period 1980–2019, the empirical analysis presented in this paper indicates that increasing the share of nuclear, renewables, and other non-hydrocarbon energy and improving energy efficiency could lead to a significant reduction in carbon emissions and improve energy security throughout Europe. Accordingly, policies and reforms aimed at shifting away from hydrocarbons and increasing energy efficiency in distribution and consumption are key to mitigating climate change, reducing energy dependence, and minimizing exposure to energy price volatility. ER -