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: new markets

04 May 2012

Green business dialogue in Europe vs green reporting dilemma in pre-Rio talks

It’s been a good week for green business political dialogue in Europe. Yesterday (May 3) in Brussels, sustainable business leaders from EU Corporate Sustainability Group met with Commission President Barroso, Commissioner Hedegaard and Commissioner Potočnik to ask for a redoubling of green growth efforts. Also on Wednesday, Chancellor Angela Merkel met energy industry executives to […]

02 October 2011

Low-carbon sectors are doing well and have a promissing future

Clean energy markets are already substantial in scope and growing fast. Between 2004 and 2010, global clean energy investment exhibited a compound annual growth rate of 32%, reaching €185 billion in 2010. By the end of 2009 the renewable energy sector secured more than 10% of Europe’s final energy consumption. In terms of new capacity, renewable […]

The EU must invest now to enhance the competitiveness of its economy

The shift to a low-carbon economy requires an increase in investments: the European Commission estimates that over the next 40 years, the investment required to reach the 80-95% 2050 emission reductions target amounts to €270 billion annually. This is equivalent to a 1.5% increase above current investment levels of 19% of EU GDP (essentially returning […]

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.