Decarbonisation and digitalisation are reshaping the European energy system, which will become more decentralised and interconnected with other sectors. Cities have the opportunity to be the key drivers of decarbonisation, but this will require the implementation of a new bottom-up governance system. This paper outlines a four-step mechanism in order to achieve decarbonisation at city level.
As the European Commission releases its new energy package, “Clean Energy for all Europeans”, our authors argue that cities are the key to success. They propose a new governance mechanism where cities develop and implement ambitious City Climate Plans – with direct monitoring and financial support from the EU.
Innovation is a hot topic in Europe. But how can its potential be used to the fullest, and what are the challenges in doing that?
There is still huge uncertainty about the future of EU-UK relations. What will Brexit mean for politics and business, and is there any scope for flexibility in the EU’s fundamental freedoms? We gather experts from Bruegel and the Financial Times to debate the issues.
An excess of indebtedness is constraining economic growth in many economies. Indeed, the deleveraging since the financial crisis is exceptionally slow. Why is this the case, and what can be done about it?
How can trade relations between the EU and China be strengthened? How can the current situation be improved, and what are the potential challenges to do that?
Many Europeans have felt the effects of inequality due to the economic and financial crisis and stagnation. How can inequalities be tackled and which policies can support inclusive growth?
Decarbonisation and digitalisation: two mega trends that will change the European energy system.
Energy taxes contribute significantly to public budgets in the EU, but with the aim to reduce greenhouse emissions, the EU will have to fully decarbonise its energy system. However, taxing green energy poses a significant challenge, which could result in a tax revenue gap. Before this becomes a reality, European governments must start looking for alternative sources of public finance.
In order to secure growth and jobs, Europe needs a new growth model built on developing emerging sectors with high value added. But in which sectors can Europe grow, and what economic policies would work?
Maroš Šefčovič, Vice-President for Energy Union at the European Commission, delivered the closing keynote speech at Bruegel's Annual Meetings on 7 September 2016.
Europe is at a crossroads. What must European leaders do to combat populism, the refugee crisis, and low growth?