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European Climate Change Policy Beyond 2012

2009

0 946121 35 4

The WEC report “European Climate Change Policy Beyond 2012” provides an overview of the EU climate and energy policy package and, more specifically, the further developments of its emissions trading scheme (EU-ETS). Whereas EU policy covering the period to 2020 has well developed milestones and legislation, the future beyond 2020 is rather nebulous. This has severe implications on the investments in the energy sector and on research and development activities. Sustainability of investments not only necessitates consideration of environmental issues: also important are security of supply and affordability of energy. The report will explore the main conclusions drawn from EU policy and the ETS and outline what should be the principal drivers of an economically and ecologically sustainable pathway for a European climate and energy policy. Chapter 1 provides some general background and statistical material about the GHG emissions, particularly CO2 emissions. In chapter 2 the political framework is described, briefly examining the different levels: global, regional and national. Chapter 3 identifies some important abatement technologies and their technical and economic potential. The current status of the EU climate policy is explored in chapter 4, looking at its possible future development in chapter 5. Chapter 6 lays out the pathway to a climate friendly Europe. Finally, chapter 7 will provide the main conclusions of this study. [Introduction, extracto]

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