Governance of the Energy Union and of Climate Change: a joint CERRE-ERCST Executive Seminar
The recently-released Winter Package contains Commission proposals on governance of the Energy Union for the 2020-2030 period and beyond. Governance of the Energy Union is a critical aspect of the future outlook on how environmental sustainability can be reached without losing track of social and economic sustainability. Therefore, the Winter Package is crucial to ensure a coherent and comprehensive approach towards the EU’s longer-term climate and energy targets. This event will discuss this proposal and wider governance issues in this field within the EU. It will also discuss the findings of a new CERRE report on the governance of climate change. Led by Andrei Marcu, the project ‘EU Climate Change Policy Governance: How to achieve Stability and Predictability?’ evaluates the governance of EU climate change policies and delivers concrete recommendations to make these policies stable and predictable, and to incentivise investment towards a low carbon economy.
Registration: To register for this event, click here or email wstoefs[at]masqc.net
An updated programme can be downloaded from the 'Documents' tab
This event is organised in cooperation with:
Background to the CERRE report
Climate change has become one of the central issues driving the economy and society over the last number of years. Since climate change is seen by many as a market failure in the lack of recognition that there is scarcity, i.e. limit in the amount of GHG that can be emitted, it led to a significant number of policy and regulatory interventions to address this failure.
Some of these policies create scarcity and mimic market behaviour, which is the case of the EU ETS. In other cases, interventions are more related to standards and technology, such as in the case of automobile emissions standards.
An important element is the governance of climate change policy, especially as it relates to the interaction with other policies and regulations, including those for networked industries.
Unlike economic sectors that are regulated, such as telecom, rail transport, waste, water, and, climate change policy is horizontal and affects different sectors of the economy. While networked industries have a clear product/service to deliver, and the policies that target them are vertical, climate change, being horizontal, has special characteristics, including feedback loops with vertical policies.
This CERRE research project evaluates the governance of EU climate change policies, both in the ETS, as well as non-ETS sectors, and makes recommendations that would make these policies stable and predictable and incentivise investment towards a low carbon economy.
Wednesday 7 December 2016, 9.30-12.30,
Fondation Universitaire, Rue d'Egmont 11, 1000 Bruxelles
CERRE members and nominated guests receive priority when registering. All other registrations are provisional until confirmed by email by CERRE. If you have any questions about your registration, or do not receive a confirmation email, please contact firstname.lastname@example.org