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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Ban Ki-moon decries EU delay on climate pledge

Dave Keating European Voice – 03.04.2014 UN secretary general says EU should agree its 2030 emissions target at June European Council Ban Ki-moon, the secretary general of the United Nations, warned European leaders today (3 April) that they risk derailing progress toward agreeing a globally binding climate deal in Paris at the end of 2015 […]

China’s continuing renewable energy revolution: global implications

ep energy post, April 3, 2014 Author: John Mathews and Hao Tan China’s renewable energy revolution is powering ahead, with the year 2013 marking an important inflection point where the scales tipped more towards electric power generated from water, wind and solar than from fossil fuels and nuclear. This means that its energy security is being enhanced, […]

US, China and EU agree to cooperate on UN climate treaty

RTCC -02.04.2014 Sophie Yeo High-level meetings at the EU see world’s three largest emitters agree to strengthen discussions on 2015 Paris treaty Strong words of commitment to a new UN deal on climate change have emerged from Brussels this week, following a series of high-level meetings with Ban Ki-moon, President Obama and Xi Jinping.The busy […]

UN – climate ‘perfect storm’ is already here. Time to slay Zombie Big Oil

The Guardian, EarthInsight by Nafeez Ahmed Business as usual is planetary suicide, but the ‘incumbency’ plans profit at cost of planet. Thing is, they’re already dead The UN Intergovernmental Panel on Climate Change‘s (IPCC) Fifth Assessment Report on the impacts of global warming this century has been widely recognised as clarifying beyond all doubt that we […]

Climate change report ‘should jolt people into action’ says IPCC chief

theguardian.com, Monday 31 March 2014 12.04 BST Suzanne Goldenberg in Yokohama, Japan UN science panel’s chairman, Rajendra Pachauri, says report on impacts of rising temperatures should push leaders to actThe head of the United Nations climate panel said he hoped its report on the rising threat of climate change would “jolt people into action”. The report, released on […]

Exxon warns global warming targets ‘unlikely’ to be met

The Financial Times, 31 March 2014 By Ed Crooks in New York “The scenario where governments restrict hydrocarbon production in a way to reduce GHG [greenhouse gas] emissions 80 per cent during the outlook period [to 2040] is highly unlikely”, one of Exxon’s reports said. ExxonMobil, the US oil group, said it was “highly unlikely” […]

Gaz russe : l’Europe apprend vite… il suffit de lui expliquer longtemps

Opinion Le Monde.fr | 31.03.2014 à 11h46 • Mis à jour le 31.03.2014 à 11h46 | Par Jean Arthuis (Sénateur de la Mayenne, président du Conseil Général de la Mayenne) et Stephen Boucher (Directeur de programme, European Climate Foundation) Un Français voyageant dans son propre pays se satisfera peut-être de l’importance de son parc hydroélectrique, de sa relative autonomie électrique et […]

IPCC: How climate change will stunt economic growth

By Joanna Benn GreenBizz, published March 31, 2014 As temperatures warm from climate change, risk to crops, water supplies, biodiversity and oceans multiplies. For the business community and investors, climate change will also hit growth, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC). The report found that the impacts will be felt […]

Climate impacts ‘overwhelming’ – UN

Matt McGrath The BBC – 31.03.2014 The impacts of global warming are likely to be “severe, pervasive and irreversible”, a major report by the UN has warned. Scientists and officials meeting in Japan say the document is the most comprehensive assessment to date of the impacts of climate change on the world. Members of the […]

Air pollution causes ‘one in eight deaths’ says UN

RTCC, last updated on 25 March 2014, 8:15 am By Sophie Yeo Air pollution killed seven million people in 2012, confirming that it is now the world’s largest environmental health risk. The figures, released today by the World Health Organisation, are more than double previous estimates. It means that in 2012, air pollution was responsible for one […]

Carbon News

News

German energy minister: ‘EU partners think we’re crazy’

EurActiv – 15.04.14 By Dario Sarmadi Sigmar Gabriel, Germany’s Energy Minister, blames Europe’s periphery for dragging its feet on global warming and renewable energies. But the Green party, and NGO Greenpeace, accuse the coal-friendly politician of hypocrisy. EurActiv Germany reports. “Member states from southern and eastern Europe were our strongest partners in negotiations for the […]

News

Meinshausen: Why we have to suck CO2 out of atmosphere

Renew Economy – 16.04.14 By RenewEconomy editors Technologies that remove CO2 emissions from the atmosphere could become central to our effort to combat dangerous climate change, a new Australian study has found. The study, released on Wednesday by The Climate Institute, follows up on an IPCC low-carbon technology report, and includes a world-first examination of […]

News

IPCC report: Urgent UN climate deal needed to meet CO2 targets

RTCC – 14.04.14  By Gerard Wynn   Countries will have agree a global climate deal almost immediately, and participate fully, to limit global average warming to safer levels, according to a major UN panel report. Present carbon emissions targets agreed through 2020 fell short of what was needed to limit dangerous warming, the Intergovernmental Panel […]

News

City growth by almost 2 Manhattans a day said key to climate – UN

Reuters – 14.04.14 By Alister Doyle   The world’s urban areas are set to grow by almost twice the size of Manhattan a day until 2030 and the design of future cities in Asia and Africa will be crucial to slow global warming, a U.N. study showed on Monday. The breakneck expansion means billion-dollar opportunities for […]

News

EU States split on urgency of carbon market reform, Presidency says

Point Carbon – 14.04.14 By Ben Garside   European nations are divided on whether to agree carbon market reforms ahead of setting 2030 emission goals, an official at the Greek EU presidency said on Monday, a division that threatens a Brussels goal to agree sweeping changes by next year. The European Commission, the EU executive, […]

News

“EU’s climate policy has lost its scientific basis”

Europolitics – 15.04.14 By Jakob Schlandt Oliver Geden is a senior research fellow at the German Institute for International and Security Affairs (SWP) in Berlin. He talked toEuropolitics about the new climate report published by the UN’s Intergovernmental Panel on Climate Change (IPCC) and the implications of its findings for Europe. The SWP is the largest […]

News

Planned Balkan coal plants may breach EU pollution limits

EurActiv – 16.04.14 A new wave of coal plants in aspirant EU member states, authorised by the Energy Community, risk breaching EU pollution limits if they proceed according to their stated plans, an EU law firm says. Commitments made under the Energy Community treaty in October 2013 by Moldova, Ukraine and assorted Western Balkan nations […]

News

Treasury claim that fuel duty freeze benefits economy ignores climate and air pollution impacts

Business Green – 14.04.14 By James Murray   The Treasury’s new high profile study suggesting that a freeze in fuel duty delivers net benefits to the economy has completely ignored the likely impact on air pollution, carbon emissions, and congestion. The study, entitled Analysis of the dynamic effects of fuel duty reductions, was published today and […]

News

Why is Europe shooting itself in the foot over renewables?

EurActiv – 14.04.14 By Mike Parr   Renewable energy isn’t just a necessity for combating climate change. It is also a sound and competitive investment, if sensible interest rates are applied. So why aren’t they?’ asks Mike Parr. Mike Parr is the director of PWR consulting Renewables (RES) and subsidies often seem to go together. […]

News

Sole 40% greenhouse gas cut target for 2030 will cut EU GDP

Euractiv – 11.04.14   EU plans for a sole binding 40% greenhouse gas reduction target by 2030 will lead to a drop in the continent’s GDP of between 0.1% and 0.45% on current trends, according to an overlooked passage in the impact assessment accompanying the proposal. The climate and energy communication also pitched a 27% […]

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.