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This paper assesses the effects of greenhouse gas emissions drivers in EU-27over the period 2010-2019, using a Panel EGLS model with period fixed effects.In particular, we focused our research on studying the effects of GDP,renewable energy, households energy consumption and waste on the greenhouse gasemissions. In this regard, we found a positive relationship between threeindependent variables (real GDP per capita, households final consumption percapita and waste generation per capita) and greenhouse gas emissions percapita, while the effect of the share of renewable energy in gross final energyconsumption on the dependent variable proved to be negative, but quite low. Inaddition, we demonstrate that the main challenge that affects greenhouse gasemissions is related to the structure of households energy consumption, whichis generally composed by environmentally harmful fuels. This suggests the needto make greater efforts to support the shift to a green economy based on ahigher energy efficiency.

Greenhouse Gas Emissions and its Main Drivers: a Panel Assessment for EU-27 Member States