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A drastic change in the way we produce and consume energy is necessary to contain the risk of global environmental catastrophe. For its part, the EU has set agreed to a greenhouse gas reduction target of 80-95 percent by 2050, compared to 1990. However, with the current fuel mix, even the most...
Persistent link: https://www.econbiz.de/10009427653
With the European Green Deal, the European Union adopted ambitious climate targets and a wave of legislation to reach them. But implementation will be politically challenging, in particular because the Green Deal has not upgraded the EU's energy and climate governance framework. We propose five...
Persistent link: https://www.econbiz.de/10014369776
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Achieving climate policy goals requires comprehensive measures to reduce greenhouse gas emissions, particularly in the energy and transport sectors. There are different ways to achieve the goals. Depending on which one policymakers choose, countries, industries or population groups will have to...
Persistent link: https://www.econbiz.de/10012624965
European Commission president-designate Ursula von der Leyen has made climate change a top priority, promising to propose a European Green Deal that would make Europe climate neutral by 2050. Th e European Green Deal should be conceived as a reallocation mechanism, fostering investment shifts...
Persistent link: https://www.econbiz.de/10012140003
Three quarters of the European Union’s greenhouse gas emissions stem from burning coal, oil and natural gas to produce energy services, including heating for buildings, transportation and operation of machinery. The transition to climate neutrality means these services must be provided without...
Persistent link: https://www.econbiz.de/10013274199
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