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Sinking to Zero
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Carbon Removals on the Road to Net Zero
Negative emissions will be needed on an increased scale to meet the EU’s climate targets, in particular climate neutrality by 2050. This Policy Insight examines different policy options for the EU to support the deployment of negative emissions technologies. After presenting an overview of measures to support negative emissions around the world, the EU’s climate policy frameworks are reviewed from the perspective of (potentially) integrating negative emissions. This is followed by a review of specific policy measures to support negative emissions in the EU. The paper recommends a wide portfolio of policy measures over time, to account for technology differences and the changing demands of climate policy for different time horizons as climate neutrality approaches (followed by net-negative emissions thereafter).This Policy Insight builds on a scoping paper by CEPS (Elkerbout & Bryhn, 2021) that discussed the need for negative emissions more in detail, as well as various options for negative emissions technology.
EU Climate and Energy Governance
In this new CEPS Commentary, a team of climate and energy specialists argue that a reliable system of climate and energy governance in the EU would certainly need to go beyond the issues that are identified in the 2030 framework for climate and energy and the Energy Union. In their view, such a system would consist of no less than seven complex areas, which they proceed to outline and discuss their interrelationships. To ensure that these areas are dealt with in an integrated manner, they recommend that the European Commission creates a roadmap--possibly in the form of a Communication--that would indicate the direction, interactions and a timeline for their adoption.--Publisher description
European Green Deal
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Industrial Transformation in a Time of Crisis
The war in Ukraine and the ensuing energy crisis have shaken the European economy and put domestic energy-intensive industries under severe pressure.Heeding these concerns, EU policymakers have reasserted the objectives of the Green Deal and acknowledged the importance of a rapid energy transition for decarbonisation, industrial competitiveness, and energy security. However, to concretely support these objectives and reduce the risks for underinvestment in low-carbon energy and industry, EU climate and policy frameworks – as well as internal market rules – should be strengthened. This CEPS policy brief makes recommendations regarding several potential avenues to achieve this. First, poli...
EU ETS
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