Analysis of time series of greenhouse gases emissions in the EU 27 during the period from 1990 to 2011

Global climate change is one of the most serious environmental issues. According to current scientific knowledge, the global climate change is caused by the production of greenhouse gases. In response to this ongoing climate change the Kyoto Protocol to the United Nations Framework Agreement on Climate Change was adopted. This bachelor thesis is focused on the analysis of time series of total greenhouse gases emissions in the EU 27 during the period from 1990 to 2011. The aim is to obtain information about the behavior of the analyzed time series in the reporting period, verify the objectives of the Kyoto Protocol of reducing emitted greenhouse gases and forecast the future development of greenhouse gases emissions in EU 27. All data was obtained from public databases of Eurostat. Tools for achieving the objectives of the thesis are basic characteristics of time series and methods for modelling trend component through the selected trend functions and adaptive methods. This thesis consists of two main parts. The theoretical part is devoted to the description of the statistical methods and practical part is dedicated to the analysis of time series