Implementing the EU Climate and Energy Package with the Economic Crisis

Summary:

The reinforcement of European Union's climate policy in the decade to come was prepared and decided in 2007-2008 via the EU Climate and Energy Package. But in the meantime, the economic conditions have radically changed. This new study released by Ifri analyzes how the economic downturn in Europe will affect the EU's greenhouse gases emissions and its ability to reach its 20% emission reduction's target by 2020 compared to 1990. Indeed, the global economic crisis that has affected Europe since the end of 2008 will have a significant impact on greenhouse gases emissions and help the EU bend further its emissions path in the years to come.

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