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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Tag: industry

24 April 2014

Australia slashes emission penalties in new climate plan

RTCC, last updated on 24 April 2014, 10:47 am By Ed King   Australia’s new climate plan means fewer companies will have to slash their emissions, and places the burden of funding cuts on the government. 130 companies liable for carbon pollution penalties under Direct Action Plan, which opens with A$1.55 billion budget Draft proposals were […]

Business leaders call for urgent action on climate change

Click Green – 23.04.14 A flash poll of more than 2,000 senior executives worldwide reveals a boardroom demand for urgent action to tackle the effects of climate change. The survey of 2,324 corporate chiefs by researchers at The Economist Intelligence Unit (EIU) found that 46% of respondents wanted decision-makers around the globe to launch immediate […]

23 April 2014

Apple bites into its climate impact

BusinessGreen – 22.04.14 Will Nichols Apple has won praise for powering its data centres from 100 per cent renewable electricity, but the company’s ambitions go much further – including a super-efficient new headquarters and recyclable products free from harmful toxins. The tech giant today revealed the scale of its environmental efforts, stating climate change is […]

22 April 2014

Google: Pioneering Residential Energy Efficiency

CleanTechnica, 22/04/2014 By Nathan Venos It’s time for America to get smart on residential energy use. The sector accounts for approximately 17 percent of U.S. greenhouse gas emissions, making it crucial to the United States’ efforts to preserve energy resources and curb climate change. And the impacts could be enormous; for every 1% reduction in the average America’s residential […]

18 April 2014

Calderon dismisses ‘false’ choice between climate and economy

RTCC, last updated on 17 April 2014 By Sophie Yeo Economic growth is compatible with tackling climate change, says leader of ‘Stern Review 2′ report on climate economics The choice between tackling climate change and growing the economy is a “false dilemma”, according to Felipe Calderon, former president of Mexico. Many of the actions needed to […]

17 April 2014

EU to host industry talks ahead of setting 2030 climate goals

Reuters – 16.04.14 By Ben Garside The European Commission will hold three meetings this summer on how to ensure the bloc’s industries can compete in global markets while meeting goals to cut greenhouse gas emissions, it said on Wednesday. The meetings aim to gather views on rules determining if companies can continue to receive free carbon permits under […]

11 April 2014

Natural Gas Loses Decades-Old Tie to Oil in Landmark Deal

Bloombrg – 11.04.14 By Tara Patel   A contract for France’s largest natural gas company to buy the commodity from Azerbaijan shows the decades-old structure of Europe’s energy market is starting to crumble. For the first time, GDF Suez SA (GSZ) signed a 25-year contract to buy gas from BP Plc and partners in the […]

Japan approves energy plan reinstating nuclear power

Reuters – 11.04.14 By Osamu Tsukimori, Mari Saito, Aaron Sheldrick   Japan’s Cabinet on Friday approved an energy policy reversing the previous government’s plans to gradually mothball nuclear power plants, a move likely to be unpopular with a wary public following the 2011 Fukushima disaster. But the plan may too little too late for the […]

10 April 2014

U.K. Creating Climate Finance ‘Lab’ to Meet UN $100 Billion Goal

Bloomberg – 09.04.14 By Reed Landberg   The U.K. government said it’s forming a “lab” to study ways to boost funding for climate-protection projects, part of a United Nations-led effort to channel $100 billion a year into the industry by 2020. Energy Minister Greg Barker said government officials and investors from around the world will […]

Industry wins concessions on EU energy subsidies

Financial Times – 09.04.14 By Christian Oliver, Alex Barker   Heavy industry won significant concessions at the expense of consumers on Wednesday in new EU guidelines on state energy subsidies that green groups fear will undermine the growth of renewables. Germany has hailed the new rules from Brussels as a victory because the European Commission […]

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.