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Showing posts with label Global Climate changes. Show all posts
Showing posts with label Global Climate changes. Show all posts

9/22/17

EU energy and climate policies: EU to aim for 100% emission cuts in new ‘mid-century roadmap’ - by Frédéric Simon

With the 2019 European elections approaching, the Juncker Commission is stepping up preparatory work to lay down its legacy for the next EU executive.

Less than a year after it tabled a landmark package of clean energy laws, which is still making its way through the EU institutions, officials are now busy preparing the next document that will shape the bloc’s energy and climate policies for the years to come.

“Meeting the Paris goal of keeping climate change well below 2°C – and aiming for no more than 1.5°C – requires bold action, including reaching climate neutrality this century,” said a source involved in the update of the EU’s 2050 low-carbon economy roadmap.

“This is about much more than meeting quantitative targets,” the source told EURACTIV on condition of anonymity. “Achieving our long-term goals means putting in place today the enabling conditions for the transformation to a low-carbon society and avoiding a lock-in to the status quo.”

Several energy industry sources who met in recent weeks with Miguel Arias Cañete, the European Commissioner for climate action and energy, confirmed that the EU executive was preparing to launch a public consultation with a view to updating its low-carbon economy roadmap in 2018.

Jill Duggan, Director of The Prince of Wales’ Corporate Leaders Group, said: “News that the EU is setting its sights on achieving zero emissions by 2050 is very welcome. The science tells us this is necessary and it’s imperative that politicians respond by putting policies in place that give businesses the certainty they need to invest and adapt.”

First published in 2011, the 2050 low-carbon economy roadmap laid the foundations for the EU’s climate and energy policy in the years ahead, charting a path towards a reduction of at least 80% in the bloc’s emissions by mid-century, in line with international commitments.

The roadmap does not impose legally-binding objectives on EU member states. But it did set the direction when the time eventually came to adopt hard legislation.

For instance, it translated into an EU-wide target of cutting domestic emissions by at least 40% by 2030, an objective endorsed by EU heads of states and governments ahead of the UN conference on climate change in Paris. The objective has since been cast in stone as part of the EU’s nationally determined contribution to the Paris Agreement.

Read more: EU to aim for 100% emission cuts in new ‘mid-century roadmap’ – EURACTIV.com

1/19/14

Will Europe Scrap Its Renewables Target? That Would Be Good News for the Economy and for the Environment - by Robert Stavins

The European Union is considering scrapping the use of binding renewable energy targets as part of its global climate change policy mix that will extend action from 2020 to 2030.

The Financial Times reported that this move — presumably due to concerns over high European energy costs during the ongoing economic turndown — will "please big utility companies but infuriate environmental groups." The International New York Times framed the story in similar ways.

The press coverage has missed the very important reality that this potential decision by the European Commission will be good news both for the economy and for the environment.

The fundamental reason is that in the presence of the European Union's Emissions Trading Scheme (EU ETS) — its pioneering, regional cap-and-trade system that covers electricity generators and large-scale manufacturing — the "complimentary" renewables mandate conflicts with, rather than compliments other policies.

Without the renewables mandate, the cap being planned for the EU ETS will be achieved at lower cost and will foster greater incentives for climate-friendly technological change.

Read more:  Will Europe Scrap Its Renewables Target? That Would Be Good News for the Economy and for the Environment | Robert Stavins