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Knowledge Package
The main instrument categories applied within the European climate policy mix include non-market-based and market-based instruments. Both instrument types have specific characteristics and thus certain advantages and disadvantages. A hybrid policy approach can reduce short comings and lead to an improved outcome in comparison to the introduction of a single policy type.
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Knowledge Package
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.
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Knowledge Package
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 non-market-based instruments currently part of the EU’s climate policy toolbox.
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Knowledge Package
To realise the savings aimed at with the 20-20-20% targets for 2020, the European Union has introduced a mix of climate policies, using a variety of policy instruments and targeting all economic sectors. The different policies have fulfilled their purpose with varying success and different performances regarding environmental and cost effectiveness, as well as additional impacts on society.
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Knowledge Package
Policies to address climate change mitigation that have been deployed in parallel may interact with each other, with positive or negative effects for emission reductions and for cost-effectiveness. This Knowledge Package explains the economic theory behind such policy interactions and discusses why even with a carbon price (such as that generated by the EU Emissions Trading Scheme) the introduction of...
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