Abstract
The Paris Agreement of December 2015 under the United Nations Framework Convention on Climate Change (UNFCCC) was a historically significant landmark agreement that covers almost all of the world's emissions. In line with scientific findings, the EU's objective (in the context of necessary reductions by developed countries as a group) is to reduce greenhouse gas emissions by 80%-95% by 2050 compared to 1990. This calls for a deep, rapid transformation of the energy system and an assessment of the role of policy instruments such as carbon pricing for this transition. The challenge of decarbonization is also set against the context of a limited carbon budget and the concept of "unburnable carbon," which has implications not only for Europe but for the globe.
| Original language | English |
|---|---|
| Title of host publication | Europe's Energy Transition |
| Subtitle of host publication | Insights for Policy Making |
| Publisher | Elsevier |
| Pages | 55-65 |
| Number of pages | 11 |
| ISBN (Electronic) | 9780128098066 |
| ISBN (Print) | 9780128099032 |
| DOIs | |
| Publication status | Published - 19 Apr 2017 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 8 Decent Work and Economic Growth
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SDG 13 Climate Action
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SDG 17 Partnerships for the Goals
Keywords
- Climate policy
- Energy policy
- Renewable energy
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