Clicca qui per scaricare

The EU climate and energy policy: what about the new targets for 2030?
Titolo Rivista: ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT 
Autori/Curatori: Luigi De Paoli 
Anno di pubblicazione:  2014 Fascicolo: 1  Lingua: Inglese 
Numero pagine:  25 P. 27-51 Dimensione file:  234 KB
DOI:  10.3280/EFE2014-001002
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più:  clicca qui   qui 


The EU climate and energy policy for 2020 is summed up by three goals called 20-20-20: a) reduce GHG emissions by 20% compared to 1990; b) save 20% of the EU’s energy consumption compared to projections for 2020; c) develop a 20% share of renewable energies in overall EU energy consumption by 2020. In 2013 the EU Commission issued a Green paper to launch a debate on what should be the objectives for 2030 and early 2014 has published its proposals. This article shares the priority given in the Commission’s communication of January 2014 to the objective of reducing greenhouse gas emissions and argues that this should be the only target set in quantitative terms. Instead, the proposal of continuing to make use of the EU-ETS, although reformed with the introduction of a reserve stability fund, is not shared. In place of this solution, it is suggested to introduce a carbon tax, to be revised (and raised) periodically, based on the reduction of GHG emissions. Its level should be such that the coal power plants without CCS become no longer competitive in a few years. A less preferable solution would be to maintain the cap-and-trade with a floor and ceiling price. The promotion of renewables certainly deserves to be continued, but without quantitative mandatory targets that are not required neither at the European level nor at the level of individual Member States. Moreover, the RES support has to avoid distorting the internal market for electricity. Instead, a common European system of promotion of renewable should be introduced, with clear and limited objectives. Finally, the increase in energy efficiency should also continue to be promoted, but without any quantitative target that would be very difficult to establish and monitor.


Keywords: European energy policy, climate policy, EU ETS, renewable energy, energy efficiency
Jel Code: Q48, Q28, Q54, Q58, H23

  1. Allcott H., Greenstone M. (2012). Is There an Energy Efficiency Gap? Journal of Economic Perspectives, Vol. 26, No. 1, Winter 2012., DOI: 10.1257/jep.26.1.3
  2. Buchan D., Keay M. (2014). The EU’s new energy and climate goals for 2030: under ambitious and over-bearing? OIES. www.oxfordenergy.org.
  3. Borenstein S. (2014). What’s the Worst That Could Happen? https://energyathaas. wordpress.com/2014/07/07/whats-the-worst-that-could-happen/.
  4. De Paoli L., Lorenzoni A. (1999). Economia e politica delle fonti rinnovabili e della cogenerazione. Milano: F. Angeli.
  5. Dupont C. (2014). EU climate and energy policy: hope for more and better climate policy integration? IES, Policy brief, 2014/02.
  6. Ecorys (2013). Carbon Leakage Evidence Project: Factsheet for selected sectors. http://ec.europa.eu/clima/policies/ets/cap/leakage/docs/cl_evidence_factsheets_en.pdf.
  7. EEA (2013). Trends and projections in Europe 2013: Tracking progress towards Europe’s climate and energy targets until 2020. EEA Report No 10/2013.
  8. EPA (2014). Clean Power Plan Proposed Rule. www2.epa.gov. European Commission:
  9. For a European Union energy policy – Green paper, COM(94) 659 final, 23.02.1995.
  10. Energy for the future: Renewable sources of energy, Green Paper for a Community strategy, COM(96) 576 final, 20.11.1996.
  11. An energy policy for Europe, COM(2007) 1 final, 10.1.2007. Towards a comprehensive climate change agreement in Copenhagen, COM(2009) 39 final, 28.1.2009.
  12. Proposal for a COUNCIL DIRECTIVE amending Directive 2003/96/EC restructuring the Community framework for the taxation of energy products and electricity, COM(2011) 169 final. 13.4.2011. A 2030 framework for climate and energy- Green paper, COM(2013) 169 final, 27.3.2013.
  13. Delivering the internal electricity market and making the most of public intervention, C(2013) 7243) 5.11.2013. A policy framework for climate and energy in the period from 2020 to 2030 , COM(2014) 15 final, 22.1.2014.
  14. European Council (2007). Presidency Conclusions. 7224/07, 9.3.2007.
  15. Fischer S., Geden O. (2013). Updating the EU’s Energy and Climate Policy: New Targets for the Post-2020 Period. http://library.fes.de/pdf-files/id/ipa/10060.pdf.
  16. Gloaguen O., Alberola E. (2013). Assessing the factors behind CO2 emissions changes over the phases 1 and 2 of the EU ETS: an econometric analysis. CDC Climate Research, Working Paper 2013-15.
  17. Hansen J et al. (2013). Assessing “Dangerous Climate Change”: Required Reduction of Carbon Emissions to Protect Young People, Future Generations and Nature. PLoS One, Vol. 8(12) e81648., DOI: 10.1371/journal.pone.0081648
  18. IPCC (2013). Climate Change 2013, AR5, Summary for policymakers (SPM). http://www.climatechange2013.org/images/report/WG1AR5_SPM_FINAL.pdf.
  19. Majocchi A. (2013). Carbon-energy tax and emission permits to fight climate changes. Economics and Policy of Energy and the Environment, 2013-2-(LV).
  20. Paroussos L. et al. (2014). Assessment of carbon leakage through the industry channel: The EU perspective. Technol. Forecast. Soc. Change., DOI: 10.1016/j.techfore.2014.02.011
  21. Spencer T., Colombier M., Ribera T. (2014). Issues and options with regard to the renewables target in the context of the 2030 EU Climate and Energy Package. Policy Brief, N. 04/2014 IDDRI.
  22. Trotignon R., Gonand F. de Perthuis (2014). EU ETS reform in the Climate-Energy Package 2030: First lessons from ZEPHYR model. Policy Brief n. 2014-01, www.chaireeconomieduclimat.org.
  23. Wood L., Borlick R. (2013). Value of the Grid to the DG Customers. IEE Brief, Sept. 2013, available at www.edisonfoundation.net.



  1. Impossibile comunicare con Crossref: The request was aborted: Could not create SSL/TLS secure channel.

Luigi De Paoli, in "ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT" 1/2014, pp. 27-51, DOI:10.3280/EFE2014-001002

   

FrancoAngeli è membro della Publishers International Linking Association associazione indipendente e no profit per facilitare l'accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche