Measuring the Efficiency of Energy and Carbon Emissions: A Review of Definitions, Models, and Input-Output Variables

Abstract

The importance and urgency of improving energy and carbon emissions efficiency in mitigating climate change and achieving carbon neutrality have become an increasingly relentless focus in recent years. Assessing the performance of energy saving and carbon emissions reduction is a significant necessity to achieve sustainable economic development. Therefore, from the perspective of production economics, this paper presents a review of the definition, models, and input-output variables for measuring total-factor energy efficiency and total-factor carbon emissions efficiency. Relevant literature in this field, published between 2006 and 2021, has been systematically analyzed using CiteSpace software, which includes a quantitative and visual review of a large body of published literature. This review found that the current definitions of total-factor energy efficiency and total-factor carbon emissions efficiency are confusing and misleading. Furthermore, future research on energy saving and carbon emissions reduction should incorporate subject areas such as economics, energy, and ecology.