Minimum price best option for reform of EU Emissions Trading System
A minimum price for emission allowances offers the best opportunity for the EU Emissions Trading System (ETS) to function as a key policy instrument in reducing CO2 emissions. Such a price floor will...
Pledges by developing countries lead to 9-12% emission reduction
A new study shows that the proposals from developing countries to reduce greenhouse gas emissions by 2020 lead to a 9-12% reduction in their emissions. Assuming all countries take immediate action...
A greenhouse gas reduction target of 40% below 1990 levels for 2030 for the European Union, to be achieved within Europe, would not necessarily be sufficient for achieving the target of limiting...
Set-aside of European CO2 emission allowances considered as a signal for further ETS reform
A set-aside of CO2 allowances would reduce the current oversupply in the European Emissions Trading System. This would result in temporary higher CO2 prices. However, a literature study has shown that...
Scaling up and accelerating action on climate change without delay will reduce the risk that keeping global average temperature rise below 2 °C becomes an unrealistic prospect, according to a...
Plans for low-carbon economy lack international orientation
Although energy markets are interlinked and energy companies operate internationally, European countries have a strong national focus in their climate and energy policies. Countries have little regard...
The Netherlands Bureau for Economic Policy Analysis (CPB) and PBL Netherlands Environmental Assessment Agency are publishing the results of the analyses of the election manifestos of 10 political...
Renewable energy: current Dutch policy is falling short of 2020 target despite strong growth
Under the current policy the share of renewable energy in the Netherlands is set to rise from 4 percent in 2010 to 7-10 percent in 2020. Although this is a strong increase, it is not enough to achieve...
PBL analyses human and economic consequences of disasters
Disasters such as floods, storms, heatwaves and droughts may have serious implications for human health and the economic development of countries. PBL has analysed these types of severe disasters in a...
Per capita CO2 emissions in China reached European level
Global emissions of carbon dioxide (CO2) increased by 3% last year, reaching an all-time high of 34 billion tonnes in 2011. In China, average per capita CO2 emissions increased by 9% to 7.2 tonnes CO2...