A Quantile Panel-Type Analysis of the Relationship Between Carbon Price and Energy Inflation in the EU-27

OLASEHINDE WILLIAMS G. O., Akadiri S. S., Sambou M.

Energy Research Letters, cilt.7, 2026 (Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 7
  • Basım Tarihi: 2026
  • Doi Numarası: 10.46557/001c.132428
  • Dergi Adı: Energy Research Letters
  • Derginin Tarandığı İndeksler: Scopus
  • Anahtar Kelimeler: Carbon pricing, Energy inflation, EU-27, Quantile analysis
  • İstanbul Ticaret Üniversitesi Adresli: Evet

Özet

This paper examines the relationship between carbon prices and energy inflation within the EU-27 using a quantile panel-type causality approach. The results indicate that carbon prices significantly contribute to energy inflation at middle to high quantiles, whereas no causality is observed at low quantiles. These findings underscore the necessity for gradual adjustments in carbon pricing, promoting renewable energy, and providing targeted support for vulnerable households to mitigate the inflationary impacts while achieving climate objectives.