A Regression Analysis of the Carbon Footprint of Megacities

Author:

Paravantis John A.ORCID,Tasios Panagiotis D.,Dourmas Vasileios,Andreakos GeorgiosORCID,Velaoras Konstantinos,Kontoulis Nikoletta,Mihalakakou PanagiotaORCID

Abstract

Urbanization and climate change are two major issues that humanity faces in the 21st century. Megacities are large urban agglomerations with more than 10 million inhabitants that emerged in the 20th century. The world’s top 100 economies include many North and South American megacities, such as New York, Los Angeles, Mexico City, Sao Paulo and Buenos Aires; European cities such as London and Paris; and Asian cities such as Tokyo, Osaka, Seoul, Beijing and Mumbai. This paper addresses a dearth of megacity energy metabolism models in the literature. Cross-sectional data for 36 global megacities were collected from many literature and Internet sources. Variables included megacity name, country and region; population; area; population density; (per capita) GDP; income inequality measures; (per capita) energy consumption; household electricity prices; (per capita) carbon and ecological footprint; degree days; average urban heat island intensity; and temperature and precipitation. A descriptive comparison of the characteristics of megacities was followed by ordinary least squares with heteroskedasticity-robust standard errors that were used to estimate four alternative multiple regression models. The per-capita carbon footprint of megacities was positively associated with the megacity GDP per capita, and the megacity ecological footprint; and negatively associated with country income inequality, a low-income country dummy, the country household electricity price, and the megacity annual precipitation. Targeted policies are needed, but more policy autonomy should be left to megacities. Collecting longitudinal data for megacities is very challenging but should be a next step to overcome misspecification and bias issues that plague cross-sectional approaches.

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development

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