Building a coherent European Energy and Climate Policy

Rivera, Gissela Landa

Building a coherent European Energy and Climate Policy - 2019.


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Despite significant progress made on the reduction of greenhouse gas (GHG) emissions in recent decades, the effectiveness of the piloting of climate and energy policy at the EU level remains questionable. In this paper, we strive to identify what role the EU can play to be most effective in fostering the implementation of ambitious energy transition policies. Most energy transition-related projects are best managed at the local or national level, making the European level better equipped to act as a fundraiser or a pilot of transnational energy and transportation network infrastructures. However, beyond EU-level goals, coordination between member states on the definition of their respective energy mix is essential and should be ensured at the EU level itself. This could more efficiently associate the different sources of funding, constitute a capacity market, foster research & development activities and even define a common carbon tax policy alongside the Emissions Trading System (ETS). JEL codes: Q48 (Government Policy); Q54 (Climate); Q55 (Technological Innovation); R53 (Public Facility) (Location Analysis • Public Investment and Capital Stock)

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