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The environmental, social and economic impact of climate change highlight the growing concern for developing strategies to combat and mitigate its effects. Households approximately emit 20% of CO2 emissions, but their carbon footprint goes beyond that.

This note analyzes the CO2 footprint of households in 10 European economies, adding to direct emissions their indirect ones through input-output analysis and detailing their structure by product. Thus, the analysis makes it possible to describe patterns and relevant factors for climate change mitigation policies.

This note proposes a path to shore up the measurement of the carbon footprint of the representative household of an economy, enhancing traditional macroeconomic analysis and with the use of Big Data in order to obtain real time outcomes and ins…

Big Data techniques used

The industrial production (IP) grew by 2% (WDA YoY) in October in line with our forecasts (2%) but slightly above the market call (1.5%). After contracting by 3.2% in the 3Q, IP’s return to growth, although slightly, confirming our expectations…