The European Green Deal acknowledges the crucial role of taxation in Europe’s sustainability transition. A new European Environment Agency (EEA) briefing, published this week, shows that revenues from environmental taxes can support transition investments but future revenue streams from these taxes will erode as European Union (EU) environmental and climate policy objectives are achieved. The … Continue reading New EEA briefing on role of environmental taxation in supporting Europe’s sustainability transitions
Category: EU policies
Call for reform of EU power market rules
The ongoing electricity price hike fuelled by the gas crisis makes a reform of EU power market rules more urgent than ever, argue friends of EiD Mike Parr, director of PWR, and Simon Minett, founder of Challoch-Energy in an article on the EURACTIV website. High electricity prices, renewables and windfall profits – all paid … Continue reading Call for reform of EU power market rules
New EEA analysis of economic losses and fatalities from weather and climate-related events
Extreme weather events like storms, heatwaves and flooding accounted for economic losses of around half a trillion euros over the past 40 years and led to between 85 000 and 145 000 human fatalities across Europe. Less than one-third of these losses were insured, according to a European Environment Agency (EEA) analysis of economic losses … Continue reading New EEA analysis of economic losses and fatalities from weather and climate-related events
New BPIE report: climate impact of new buildings much too high
This week, the Buildings Performance Institute Europe (BPIE) published a new report on nearly zero energy building standards in six member states that show decarbonisation of new buildings in is not happening fast enough. A failure to decarbonise newly constructed buildings could prevent the EU from achieving its climate targets for 2030 and 2050, according … Continue reading New BPIE report: climate impact of new buildings much too high
Europe energy savings practices for business is inefficient, auditors say
Kate Abnett reports on the Reuter’s website that auditors have found that significant EU funding to help businesses save energy were misspent in the 2014-2020 budget. The auditors estimated that projects backed by that funding achieved only 0.3% of the annual savings needed to reach the EU's target to cut final energy consumption by 32.5% … Continue reading Europe energy savings practices for business is inefficient, auditors say
New EEA briefing on lessons learned from COVID-19 pandemic for sustainability
The COVID-19 pandemic has prompted swift and forceful actions by governments and societies around the world. A European Environment Agency (EEA) briefing reflects on these responses and the link between the pandemic and the environment to draw lessons that could be used in making societies more sustainable. What lessons does COVID-19 offer for sustainability? … Continue reading New EEA briefing on lessons learned from COVID-19 pandemic for sustainability
New EEA report on EU ETS emissions continuing to decrease
Under current and planned measures, EU Member States project that ETS emissions will continue to decrease in the coming decades albeit at a slower pace than historically, according to the latest annual European Environment Agency (EEA) briefing 'Trends and projections in the EU ETS' published this week. On recent trends, greenhouse gas emissions from stationary … Continue reading New EEA report on EU ETS emissions continuing to decrease
EU taxonomy proposed change is a “recipe for a greenwashing disaster”
The leaked EU Sustainable Finance Taxonomy proposal for a complementary Delegated Act sets out the role of fossil gas, two devastating scenarios emerge – both a far cry from net-zero by 2050. The leaked proposal is discussed in a briefing by Lina Strandvåg Nagell on the Bellona Europe website. Note that the EC began expert … Continue reading EU taxonomy proposed change is a “recipe for a greenwashing disaster”
New EEA reports show there are clear opportunities to decouple Europe’s waste generation from economic growth
In most European countries and in the EU as a whole, waste generation is growing but at a slower pace than the economy. However, there are no signs that the overall objective of reducing the total generation of waste is close to being achieved, according to a European Environment Agency report published recently. The report’s … Continue reading New EEA reports show there are clear opportunities to decouple Europe’s waste generation from economic growth
Important new reports from EC Joint Research Centre
The European Commission’s Joint Research Centre has recently published two important reports. Mobilizing citizens to invest in energy efficiency One example of a way for citizens to contribute to the low-carbon energy transition is by investing in energy efficiency (EE). However, there are still multiple barriers that make the socially optimal level of adoption … Continue reading Important new reports from EC Joint Research Centre
