The event is a policy dialogue organised under the project, ‘COP21: Results and Implications for Pathways and Policies for Low Emissions European Societies’. The COP21 outcome represents an important new strategic context for EU climate policy. Analysing the implications of this new context requires an interdisciplinary approach, combining analysis of the evolution of the international […]
The technological development will dramatically impact decarbonisation cost. In this blog post, the author suggests that national decarbonisation strategies should put a special emphasis on the benefits of learning.
This external publication, put together in the framework of the COP21 RIPPLES Consortium, makes the case that national decarbonisation strategies should put a special emphasis on the benefits of learning. Accordingly, countries should start early to deploy and develop low-carbon technologies, concentrate on promising technologies, exploit individual regional strength and bear in mind the opportunities and constraints of the national innovation system.
The European Union should act to ensure the continued transformation of its energy system, and encourage member states to overcome their dependence on coal for supplying electricity. Helping coal-mining regions with the transition should require €150 million per year – a mere 0.1% of the total EU budget – and the EU would not even need to establish a new fund to support it.
The effort to define rules for international emissions trading faces the strong desire of nation states to develop their own climate policies, which collides with the need for tradable units in one country to be equivalent to tradable units in another country. To overcome this dilemma Georg Zachmann proposes a club of carbon-buying countries that would regulate only imported mitigation outcomes.
What will the new US administration mean for the fight against global warming? Climate change is not even mentioned in the ‘‘America First Energy Plan’’, and Simone Tagliapietra fears a reversal of recent positive steps.
One year after the Paris climate conference, Europe struggles to advance its own ratification process of the agreement. However, a fast-track EU ratification procedure could enable the Paris Agreement to enter into force in time for the Marrakesh climate conference.
Speech held at Bruegel event on "How will the Paris agreement impact EU climate and energy policies?", on 8 February 2016.
In the US, electricity producers are switching from coal to less polluting natural gas thanks to lower gas prices. However in the EU, the carbon price has been too low to make natural gas competitive with coal.
The price of carbon emissions has decreased markedly since the first draft of the Paris Agreement has been released. The decrease in the price of futures is the largest observed over the last two months.
The Paris Agreement has been hailed as a turning point and a huge success in the international fight against climate change. Its big achievement is that it brings tackling climate change back into the sphere of the politically possible. But implementation will be by no means easy. I base my optimism on four observations:
What’s at stake: France will chair and host the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) at the end of the year. While the scientific community has reached a consensus that climate-warming trends are very likely due to human activities, the discussion about how to address is mired in huge political disagreements.