European Climate Policy: Critical Aspects
Journal title QA Rivista dell’Associazione Rossi-Doria
Author/s Simone Borghesi
Publishing Year 2011 Issue 2011/2
Language Italian Pages 25 P. 85-109 File size 761 KB
DOI 10.3280/QU2011-002004
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This study examines the European energy policy of the last few years, highlighting certain shortcomings in the European emission trading scheme (Ets) and the rate of transition towards renewable resources. As emerges from the analysis, despite the past difficulties experienced in achieving its targets in terms of emissions reduction and proportion of renewable resources, the European Union has set even more ambitious goals for the future. However, this policy of raising and postponing the target, together with some drawbacks in the Ets, may generate time consistency problems that can hamper Europe’s capacity to achieve its energy targets.
Keywords: Climate change, Energy policy, European union, Emission trading system (Ets), Renewable energy sources, Time consistency
Jel codes: L110, Q280, Q380, Q420, Q430, Q480
Simone Borghesi, La politica europea per i cambiamenti climatici: aspetti critici in "QA Rivista dell’Associazione Rossi-Doria" 2/2011, pp 85-109, DOI: 10.3280/QU2011-002004