Exploring European countries' emission reduction targets, abatement costs and measures needed under the 2007 EU reduction objectives
It is technically feasible for the EU to meet the 20% unilateral and 30% multilateral greenhouse gas emission reduction targets as adopted in 2007. The emission reductions and costs for the individual countries show a wide range, and are more dependent on the burden-sharing regime for internal EU allocation of reductions than the choice of the overall EU reduction target.
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Climate mitigation costs of EU countries highly depend on internal burden-sharing
It is technically feasible for the European Union to meet the unilateral 20% greenhouse gas emission reduction objective as adopted by the European Union in 2007. The adopted 30% multi-lateral reduction objective can be met too when Clean Development Mechanism and emissions trading is allowed; however, this may lead to higher abatement costs for the EU. Energy efficiency improvements assume by far the largest share in emission reductions, followed by fuel shift switch and non-CO2 reduction options. The emission reductions and costs for the individual European countries show a wide range, and are highly dependent on the chosen post-2012 regime for internal EU burden-sharing (based, for example, on equal costs or convergence towards equal per capita emissions), and to a lesser extend on the overall EU reduction objective (20% unilateral or 30% multilateral). Hence, an agreement on the burden-sharing regime is more significant than the choice of the overall EU reduction level.
| Bibliography | |
|---|---|
| Author(s) | Elzen MGJ den ; Lucas PL ; Gijsen A |
| Report no. | 500114009 |
| Publication date | 03-10-2007 |
| Pages | 155 |
| Taal | en |
