Analysis of options to move beyond 20% greenhouse gas emission reductions and assessing the risk of carbon leakage

Analysis of options to move beyond 20% greenhouse gas emission reductions and assessing the risk of carbon leakage

Date: 2010
Creator: European Commission
Description: This paper analyze the possible effects of implementing all high end pledges put forward by countries under the Copenhagen Accord. Among other analysis, the report predict that, (if the Copenhagen Accord would be fully implemented), the world could bridge a major part of the required efforts by 2020 in order to keep average global temperature increase below 2ÂșC. However, the report also argue that most high end targets are conditional on others taking similar action, on a legally binding international agreement or on the need for further international financial or technical support making their degree of implementation uncertain.
Contributing Partner: UNT Libraries
Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions: Analysis of options to move beyond 20% greenhouse gas emission reductions and assessing the risk of carbon leakage

Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions: Analysis of options to move beyond 20% greenhouse gas emission reductions and assessing the risk of carbon leakage

Date: 2010
Creator: European Commission
Description: Since the EU took its historic decisions on combating climate change in 2008, the economic crisis has brought some fundamental changes to the political and economic landscape of the EU's climate policy. The pressure on the EU economy is intense. The EU, however, remains deeply committed to action on climate change. Arresting the rise in global temperature remains one of the biggest challenges facing this generation. This Communication has set out how changed global circumstances have impacted on the targets set in 2008. While the absolute costs of meeting a 20% target have been reduced, representing a welcome relief for businesses facing the uphill battle of recovery, it also represents a risk that the effectiveness of the 20% target as a motor for change diminishes.
Contributing Partner: UNT Libraries
Evaluation of Alternative Initial Allocation Mechanisms in a European Union Greenhouse Gas Emissions Allowance Trading Scheme

Evaluation of Alternative Initial Allocation Mechanisms in a European Union Greenhouse Gas Emissions Allowance Trading Scheme

Date: 2010
Creator: NERA Economic Consulting
Description: This report is intended to provide background to assist Member States and the European Commission ("Commission") in determining the allocation mechanism to use in conjunction with the Commission's proposed emissions trading programme for carbon dioxide ("CO2") and other greenhouse gases ("GHGs"). The Commission in October 2001 adopted a major package of initiatives to combat climate change. This package includes a proposed Directive on GHG emission trading ("proposed Directive") as well as a proposal for the EC to ratify the Kyoto Protocol and a Communication setting out further methods for reducing greenhouse gas emissions beyond the Directive on emissions trading. This report provides descriptions and evaluations of alternative mechanisms for initial allocation of allowances. The report has the following specific objectives: - Provide a typology of alternative initial allocation mechanisms. - Describe the allocation mechanisms that have been used in previous emissions trading programmes. - Develop criteria for evaluating alternative mechanisms. - Evaluate the alternative mechanisms in light of these criteria. - Develop plant-level data that allow one to simulate various initial allocation alternatives and thus shed light on key empirical issues, including feasibility and sector- and plantlevel effects. - Provide an overview of major conclusions and implications.
Contributing Partner: UNT Libraries
Analysis of options to move beyond 20% greenhouse gas emission reductions and assessing the risk of carbon leakage

Analysis of options to move beyond 20% greenhouse gas emission reductions and assessing the risk of carbon leakage

Date: 2010
Creator: European Commission
Description: This paper responds to the mandate given in the Emissions Trading Directive (EU ETS directive, Article 10b) to the Commission to submit by end of June 2010 an analytical report assessing the situation of energy-intensive sectors that have been determined to be exposed to significant risks of carbon leakage in the light of the international negotiations.
Contributing Partner: UNT Libraries