Towards optimal short, medium and long term climate policy instrumentation

The EU can build on more than two decades of climate policy, reflected in a number of short- and long-term targets for climate and energy policy, and a suite of climate policy instruments intended to achieve them. On the other hand, there is a gap between the level of ambition expressed in the long-run targets, and the effectiveness of the instruments currently in place.

This volume presents strategic lines of instrumentation for the future climate policy instrumentation in the EU, both for the short and the long term, closely related to energy policy and other policy domains like transport and housing. The volume consists of three parts. Part 1 provides orientation for the medium to long term evolution of the EU climate policy instrument mix towards 2050. Part 2 focuses on short to medium term reform options for the current climate policy instrument mix toward 2030. The intricate link of EU-level policies to internationalisation and globalisation is deepened in Part 3.

Attachment: 

Citation: 

Huppes, Gjalt & Görlach, Benjamin (Eds); Huppes, Gjalt; Deetman, Sebastiaan; Huele, Ruben; Kleijn, René; Koning, Arjan de; Voet, Ester van der; Drummond,Paul; Rey, Luis; Markandya, Anil; González-Eguino, Mikel (2015) Towards optimal short, medium and long term climate policy instrumentation. CML, Leiden; Ecologic, Berlin; UCL, London; BC3, Bilbao. DOI 10.13140/RG.2.1.3027.7206.

Funding: 

European Commission

Authors: 

Editors: Gjalt Huppes and Benjamin Görlach; Part 1 CML: Gjalt Huppes, Sebastiaan Deetman, Ruben Huele, René Kleijn, Arjan de Koning, Ester van der Voet; Part 2 UCL: Paul Drummond; Part 3 BC3: Luis Rey, Anil Markandya, Mikel González-Eguino

Year of publication: 

2015

Number of pages: 

364

Table of contents: 

 

PART 1

 

 

Table of Contents  

vii

 

Executive Summary

xiii

Ch 1

Towards Instrumentation for Long Term Climate Policy

1

Ch 2

Imagining 2-Degrees Futures Domains

8

Ch 3

Bottom Up Development and Top Down Design of Instrumentation

21

Ch 4

Main Types of Instrument Building Blocks

29

Ch 5

Instrument Mixes for Four Emission Pricing Options and Four Main Sectors

72

Ch 6

Towards Full Sets of Instruments for Long term Climate Policy

98

Ch 7

Pathways towards Planning & Control and Institutionalist Instrumentation

104

Ch 8

Comparing Strategic Instrument Mixes

128

Ch 9

Key Outcomes and General Recommendations

135

 

 

 

 

PART 2

 

 

Table of Contents

ii

 

Executive Summary

8

Ch 1

Introduction

11

Ch 2

The Current Climate Policy Mix – Composition, Achievements and Limitations, and Requirements for the Future

11

Ch 3

Key Decarbonisation ‘Challenges’

20

Ch 4

Options and Pathways for Policy Instrumentation and Institutions Short-Term

42

Ch 5

Discussion

83

Ch 6

Summary and Conclusions

95

 

 

 

 

PART 3

 

 

Table of Contents

ii

 

Executive Summary

5

Ch 1

Introduction

10

Ch 2

Governance Scenarios

11

Ch 3

Assessment of Instrument Packages in Each Governance Scenario

24

Ch 4

Conclusions

62