economic costs

Knowledge Package

Market-Based Climate Policy Instruments

Market-Based Climate Policy Instruments
European climate policies apply a mix of different policy instruments to impose emissions reductions. Main instrument categories include non-market-based and market-based instruments. This knowledge package introduces the workings of market-based instruments currently part of the EU’s climate policy toolbox.Read more
Knowledge Package

Carbon Leakage and Industrial Innovation

Carbon Leakage and Industrial Innovation
Carbon leakage is defined as an increase of emissions outside the EU because of EU climate policies. As such policies affect the costs of economic activity, especially in energy intensive industries, they might cause companies to move production to countries with laxer greenhouse gas emission policies. Therefore, affected industries receive benefits, such as more free emission allowances in the EU...Read more
Knowledge Package

Electricity Market Design and Price Signals for Renewables

Electricity Market Design and Price Signals for Renewables
This knowledge package focuses on electricity market design to support an efficient integration of renewable sources into the European electricity system, in line with the 2020 and forthcoming 2030 targets. Considering the sustainable electricity market design, looking into design principles for integrating variable renewable energy and bridging emerging technologies, it concludes the broad variety in terms of market design possibilities.Read more
Knowledge Package

The Costs of Mitigation: An Overview

The Costs of Mitigation: An Overview
There is quite a vast landscape of different definitions used for the word 'cost' related to the concepts of climate change. To enhance appropriate application and interpretation, this knowledge package explains the various terms in the climate change debate. Furthermore, it provides cost estimates for mitigation expressed in consumption losses for 2020 through 2100 and argues that costs would further...Read more
Knowledge Package

Climate Finance for Reduction of Emissions and Vulnerability

Climate Finance for Reduction of Emissions and Vulnerability | Fotolia © viperagp
Climate finance is defined as the financial resources paid to support climate change mitigation and adaptation activities. International climate finance as part of the United Nations Framework Convention on Climate Change framework refers to the financial flows from developed to developing countries. This knowledge package provides an introduction to climate finance, including definitions and an overview of principles for climate...Read more
Knowledge Package

Energy Efficiency Policy Instruments in the European Union

Energy Efficiency Policy Instruments in the European Union | Fotolia © Eisenhans
Energy Efficiency Obligations are the cornerstone of the Energy Efficiency Directive from 2012. Under such obligations energy companies are responsible for generating energy savings. This policy was already successfully implemented in 6 EU Member States. Other policies like nearly zero energy buildings and energy certification are also planned. This knowledge package investigates the range of energy efficiency policies that are...Read more
Knowledge Package

Cost-Effectiveness of EU Renewable Energy Support Systems

Fotolia © mindscanner
Renewable energy support schemes need to be well designed in order to bring forth the desired outcome, not only regarding the achievement of targets (effectiveness) but also regarding the achievement at lowest costs possible (cost-effectiveness). This knowledge package focuses on the cost-effectiveness of renewable energy support schemes within the EU and highlights design features indispensable in creating cost-effective renewable support.Read more
Knowledge Package

Are Transport Emissions "Mobilizing" an EU Policy Response?

Fotolia © bibi
Within the EU-28, transport is responsible for around 20% of greenhouse gas emissions, rendering it the second largest emitting sector after the energy industry. Emissions from transport have also grown by 19% from 1990 to 2011. In order to turn this trend around and accomplish the corresponding emission targets, the EU has designed and implemented a series of measures, including...Read more
Knowledge Package

Social Acceptance of Renewable Energy

Social Acceptance of Renewable Energy | Fotolia © Becky Stares
It is essential to consider the social aspects that influence the acceptance of climate-friendly technologies, such as renewable energy. Five elements are thought to determine the level of acceptance: awareness of climate change; fairness of the decision-making process; the overall evaluation of costs, risks and benefits; the local context; and trust in decision-makers.Read more
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