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Analysis of the EU policy package on climate change and renewables

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dc.contributor.author Capros, P en
dc.contributor.author Mantzos, L en
dc.contributor.author Parousos, L en
dc.contributor.author Tasios, N en
dc.contributor.author Klaassen, G en
dc.contributor.author Van Ierland, T en
dc.date.accessioned 2014-03-01T01:35:17Z
dc.date.available 2014-03-01T01:35:17Z
dc.date.issued 2011 en
dc.identifier.issn 0301-4215 en
dc.identifier.uri https://dspace.lib.ntua.gr/xmlui/handle/123456789/20988
dc.subject Climate policy en
dc.subject Fairness en
dc.subject Renewable energy en
dc.subject.classification Energy & Fuels en
dc.subject.classification Environmental Sciences en
dc.subject.classification Environmental Studies en
dc.subject.other Carbon trading en
dc.subject.other Clean Development Mechanism en
dc.subject.other Climate policy en
dc.subject.other Cost-effective solutions en
dc.subject.other Cost-efficiency en
dc.subject.other Distribution of emissions en
dc.subject.other Emission trading en
dc.subject.other Energy model en
dc.subject.other Energy needs en
dc.subject.other EU policy en
dc.subject.other Fairness en
dc.subject.other Member state en
dc.subject.other Overall costs en
dc.subject.other Policy options en
dc.subject.other Renewable energies en
dc.subject.other Renewable energy source en
dc.subject.other Renewables en
dc.subject.other Commerce en
dc.subject.other Emission control en
dc.subject.other Energy policy en
dc.subject.other Gas emissions en
dc.subject.other Global warming en
dc.subject.other Greenhouse gases en
dc.subject.other Renewable energy resources en
dc.subject.other carbon dioxide en
dc.subject.other clean development mechanism en
dc.subject.other climate change en
dc.subject.other cost-benefit analysis en
dc.subject.other emission control en
dc.subject.other emissions trading en
dc.subject.other energy policy en
dc.subject.other energy resource en
dc.subject.other environmental policy en
dc.subject.other European Union en
dc.subject.other greenhouse gas en
dc.subject.other renewable resource en
dc.subject.other Europe en
dc.title Analysis of the EU policy package on climate change and renewables en
heal.type journalArticle en
heal.identifier.primary 10.1016/j.enpol.2010.12.020 en
heal.identifier.secondary http://dx.doi.org/10.1016/j.enpol.2010.12.020 en
heal.language English en
heal.publicationDate 2011 en
heal.abstract In 2009 the EU decided to reduce greenhouse gas emissions at least by 20% in 2020 compared to 1990 and to supply 20% of energy needs by 2020 from renewable energy sources. This paper uses an energy model coupled with a non-CO2 greenhouse gas model to assess the range of policy options that were debated to meet both targets. Policy options include trading of renewable targets, carbon trading in power plants and industry and the use of the Clean Development Mechanism to improve cost-efficiency. The models also examined fairness by analysing the distribution of emission reduction in the non-emission trading sector, the distribution of CO2 allowances in the emission trading sector and the reallocation of renewable targets across Member States. The overall costs of meeting both targets range from 0.4% to 0.6% of GDP in 2020 for the EU as a whole. The redistribution mechanisms employed significantly improve fairness compared to a cost-effective solution. (C) 2010 Elsevier Ltd. All rights reserved. en
heal.publisher ELSEVIER SCI LTD en
heal.journalName Energy Policy en
dc.identifier.doi 10.1016/j.enpol.2010.12.020 en
dc.identifier.isi ISI:000288971100044 en
dc.identifier.volume 39 en
dc.identifier.issue 3 en
dc.identifier.spage 1476 en
dc.identifier.epage 1485 en


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