A TOOLKIT OF ECONOMIC ARGUMENTS ON EUROPE'S

LOW-CARBON ECONOMY

A handful of economic myths focused on the negative effects of ambitious climate action currently dominate the public discourse. This toolkit addresses these myths with referenced arguments.

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Featured Article

Has the Paris Agreement moved markets already?

In wake of Paris climate deal, coal giant Peabody sees share price fall, while renewables stocks enjoy an encouraging day BusinessGreen, 15 December 2015 By Jessica Shankleman On the sidelines of the Paris talks last week there was plenty of speculation as to whether or not the eventual agreement would send a strong enough signal to […]

Adidas and Aldi among German business giants calling for beefed up EU climate policy

Coalition of more than 30 German businesses demands an overhaul of EU climate and energy policy in the wake of Paris Agreement BusinessGreen, 15 December 2015 By Madeleine Cuff A group of more than 30 German businesses, including sports brand Adidas, supermarket Aldi and cruise company Aida, has called on both the German government and European […]

Greenpeace: COP21 shows the end of fossil fuels is near, we must speed its coming

Greenpeace, 12 December 2015 The wheel of climate action turns slowly, but in Paris it has turned. There’s much in this deal that frustrates and disappoints me, but it still puts the fossil fuel industry squarely on the wrong side of history. Parts of this deal have been diluted and polluted by the people who despoil our […]

WWF: Governments set course for ambitious action on climate change, but more immediate steps needed

WWF, 12 December 2015 Paris –  World governments finalized a global agreement today in Paris that lays a foundation for long-term efforts to fight climate change. More effort is needed to secure a path that would limit warming to 1.5C. This new agreement should be continuously strengthened and governments will need to go back home and […]

Analysts’ take: Reality check on the Paris Agreement

PwC’s climate team welcomes an historic climate deal, but warns much work is now needed to turn an international agreement into national action By PwC climate and sustainability team BsinessGreen, 14 Dec 2015 To a standing ovation and some tears of joy, all governments adopted the Paris Agreement on Saturday night. The deal is more […]

World leaders hail Paris climate deal as ‘major leap for mankind’

Almost 200 countries sign historic pledge to hold global temperatures to a maximum rise of 1.5C above pre-industrial levels The Guardian, 13 December 2015 By John Vidal, Adam Vaughan, Suzanne Goldenberg, Lenore Taylor and Daniel Boffey A historic, legally binding climate deal that aims to hold global temperatures to a maximum rise of 1.5C above pre-industrial levels, staving off the worst […]

COP 21: Laurent Fabius lauded for successful conclusion

Foreign minister mobilised whole French diplomatic corps to help seal deal Financial Times, 13 December 2015 By: Michael Stothard and Anne-Sylvaine Chassany in Paris   Ten minutes before the Paris climate accord was set to be agreed, the culmination of a year of fraught negotiations, the Nicaraguan delegation decided they still had problems with the text. The Chinese, the […]

COP21: Paris climate talks extended until Saturday

China digs its heels as Paris summit seeks to reach global agreement on climate change The Financial Times, 15 December 2015 by: Pilita Clark and Michael Stothard in Paris Talks on a new global climate accord are to continue into Saturday, a day later than expected, after China dug its heels in over a string of measures the US and other […]

The politics behind climate summit’s 1.5 degree target

A tough new temperature target divides developing countries. Politico, 15 December 2015 By KALINA OROSCHAKOFF AND SARA STEFANINI LE BOURGET, France — It was never any surprise that a climate deal wouldn’t cut emissions enough to limit global warming to 2 degrees Celsius, what is surprising is that the debate is now about adopting an even more ambitious target — 1.5 degrees. The goal is one […]

Paris Climate Talks Enter ‘Crunch Time’ With Divisions Over Deal

Bloomberg, 15 December 2015 United Nations climate talks enter their originally-scheduled final day on Friday with envoys divided over the obligations placed on rich and poor countries, how to spark deeper cuts in fossil-fuel pollution and what their long-term goal should be. The delegates from 195 nations negotiated into the early hours of the morning, […]

Carbon News

News

Has the Paris Agreement moved markets already?

In wake of Paris climate deal, coal giant Peabody sees share price fall, while renewables stocks enjoy an encouraging day BusinessGreen, 15 December 2015 By Jessica Shankleman On the sidelines of the Paris talks last week there was plenty of speculation as to whether or not the eventual agreement would send a strong enough signal to […]

News

Greenpeace: COP21 shows the end of fossil fuels is near, we must speed its coming

Greenpeace, 12 December 2015 The wheel of climate action turns slowly, but in Paris it has turned. There’s much in this deal that frustrates and disappoints me, but it still puts the fossil fuel industry squarely on the wrong side of history. Parts of this deal have been diluted and polluted by the people who despoil our […]

News

Analysts’ take: Reality check on the Paris Agreement

PwC’s climate team welcomes an historic climate deal, but warns much work is now needed to turn an international agreement into national action By PwC climate and sustainability team BsinessGreen, 14 Dec 2015 To a standing ovation and some tears of joy, all governments adopted the Paris Agreement on Saturday night. The deal is more […]

News

COP 21: Laurent Fabius lauded for successful conclusion

Foreign minister mobilised whole French diplomatic corps to help seal deal Financial Times, 13 December 2015 By: Michael Stothard and Anne-Sylvaine Chassany in Paris   Ten minutes before the Paris climate accord was set to be agreed, the culmination of a year of fraught negotiations, the Nicaraguan delegation decided they still had problems with the text. The Chinese, the […]

News

The politics behind climate summit’s 1.5 degree target

A tough new temperature target divides developing countries. Politico, 15 December 2015 By KALINA OROSCHAKOFF AND SARA STEFANINI LE BOURGET, France — It was never any surprise that a climate deal wouldn’t cut emissions enough to limit global warming to 2 degrees Celsius, what is surprising is that the debate is now about adopting an even more ambitious target — 1.5 degrees. The goal is one […]

News

Adidas and Aldi among German business giants calling for beefed up EU climate policy

Coalition of more than 30 German businesses demands an overhaul of EU climate and energy policy in the wake of Paris Agreement BusinessGreen, 15 December 2015 By Madeleine Cuff A group of more than 30 German businesses, including sports brand Adidas, supermarket Aldi and cruise company Aida, has called on both the German government and European […]

News

WWF: Governments set course for ambitious action on climate change, but more immediate steps needed

WWF, 12 December 2015 Paris –  World governments finalized a global agreement today in Paris that lays a foundation for long-term efforts to fight climate change. More effort is needed to secure a path that would limit warming to 1.5C. This new agreement should be continuously strengthened and governments will need to go back home and […]

News

World leaders hail Paris climate deal as ‘major leap for mankind’

Almost 200 countries sign historic pledge to hold global temperatures to a maximum rise of 1.5C above pre-industrial levels The Guardian, 13 December 2015 By John Vidal, Adam Vaughan, Suzanne Goldenberg, Lenore Taylor and Daniel Boffey A historic, legally binding climate deal that aims to hold global temperatures to a maximum rise of 1.5C above pre-industrial levels, staving off the worst […]

News

COP21: Paris climate talks extended until Saturday

China digs its heels as Paris summit seeks to reach global agreement on climate change The Financial Times, 15 December 2015 by: Pilita Clark and Michael Stothard in Paris Talks on a new global climate accord are to continue into Saturday, a day later than expected, after China dug its heels in over a string of measures the US and other […]

News

Paris Climate Talks Enter ‘Crunch Time’ With Divisions Over Deal

Bloomberg, 15 December 2015 United Nations climate talks enter their originally-scheduled final day on Friday with envoys divided over the obligations placed on rich and poor countries, how to spark deeper cuts in fossil-fuel pollution and what their long-term goal should be. The delegates from 195 nations negotiated into the early hours of the morning, […]

Importance of Low Carbon

A handful of arguments focused on the negative effects of increasing the EU's climate policy ambition - whether increasing Europe's emission reduction goal, tightening the Emissions Trading System, or introducing new policies to reduce emissions - currently dominate public discourse. These arguments build on the exaggerated concerns of a few industrial sectors and remain unchallenged by most policy makers, afraid of losing jobs and money in the current economic context. As a result, policy debates are biased by a few commonly accepted myths and misleadingly focused on minimising costs and protecting vested interests.