Decomposition of aggregate CO2 emissions in the OECD: 1960-1995

This paper analyzes the change of aggregate CO, emissions in the OECD from 1960 to 1995 based on a complete decomposition approach. The study indicate s that developed countries have achieved a considerable decrease in their C O, emissions mainly due to improved energy efficiency and fuel switching. H owever, some member countries of the OECD have found it difficult to achiev e the environmental targets set at Rio de Janeiro in 1992, and should recon sider their energy policies in light of information given at the UN Climate Change Conference in Kyoto.