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Climate Change: The European Union's Emissions Trading System (EU-ETS)
The European Union’s (EU’s) Emissions Trading System (ETS) is a cornerstone of the EU’s efforts to meet its obligation under the Kyoto Protocol. It covers more than 11,500 energy intensive facilities across the 25 EU member countries, including oil refineries, power plants over 20 megawatts (MW) in capacity, coke ovens, and iron and steel plants, along with cement, glass, lime, brick, ceramics, and pulp and paper installations. Covered entities emit about 45% of the EU’s carbon dioxide emissions. The trading program does not cover emissions of non-CO2 greenhouse gases, which account for about 20% of the EU’s total greenhouse gas emissions. A final consideration for the ETS is its suitability for directing long-term investment toward a low-carbon future — the ultimate goal of any climate change program.
The European Parliament
The European Parliament (EP) is one of the three key institutions of the European Union (EU), and the only EU institution whose members are directly elected. This report discusses the construction and history of the EP, its role in functions of the EU as well as internationally, various international supports and criticisms of the EP, and the EP's ties with the U.S. Congress.
The European Parliament
The 785-member, directly elected European Parliament (EP) is a key institution of the 27-member European Union (EU). Once limited to being a consultative assembly, the EP has accumulated more power over time. Currently, it plays a role in the EU's legislative and budgeting processes, and exercises general supervision over other EU bodies. Ties between the EP and the U.S. Congress are long-standing, and EPCongressional exchanges are expected to continue in the second session of the 110th Congress.
European Union Englargement
The European Union (EU) views the enlargement process as a historic opportunity to promote stability and prosperity in Europe. Although the EU maintains that the enlargement door remains open, "enlargement fatigue" has become a serious issue in Europe and some experts believe that EU enlargement may be reaching its limits. The status of EU enlargement is one of many transatlantic issues likely to be of interest to the second session of the 110th Congress. This report lists the various nations admitted to the European Union within the past several years and analyzes the enlargement issue in general.
The European Union: Questions and Answers
This report describes the European Union (EU), its evolution, governing institutions, trade policy, and efforts to forge common foreign and defense policies. The report also addresses the EU-U.S. and EU-NATO relationships, which may be of interest to the second session of the 110th Congress. It will be updated as events warrant. For more information, see CRS Report RS21344, European Union Enlargement, by Kristin Archick, and CRS Report RL34381, European Union-U.S. Trade and Investment Relations: Key Issues, coordinated by Raymond Ahearn.
The European Union's Reform Process: The Lisbon Treaty
In December 2007, leaders of the European Union (EU) signed the Lisbon Treaty, which seeks to reform the EU's governing institutions and decisionmaking processes to enable a larger EU to operate more effectively. This new treaty represents the latest stage in a reform process begun in 2002 and essentially replaces the proposed EU "constitution" that foundered after French and Dutch voters rejected it in referendums in 2005. In June 2008, Irish voters rejected the Lisbon Treaty, and have thrown its future into doubt. This report provides background information on EU reform efforts and possible implications for U.S.-EU relations that may be of interest in the second session of the 110th Congress.
The Organization for Economic Cooperation and Development
This report provides a background of the Organization for Economic Cooperation and Development (OECD) financial crisis and the issues for Congress.
U.S.-EU Cooperation Against Terrorism
This report examines the evolution of counterterrorism cooperation between the United States and the European Union (EU), particularly since the September 11, 2001 terrorist attacks. It includes a discussion of U.S.-EU cooperation progress and ongoing challenges, as well as perspectives and issues for Congress.
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