This study analyses the economic and political consequences of introducing a tax on the carbon content of imported goods at EU borders and whether such a tax would be compatible with WTO rules. The major findings are: 1. A CO2 border tax or import tariff would increase global welfare; 2. Such a...

Demand is increasing in the EU for specific electricity products of desired origin. For now, this demand relates almost exclusively to electricity generated from renewable energy sources, and comes from business organisations wishing to enhance their environmental credentials and households...

The low-carbon transition, for example in line with the European Commission’s proposed Long-Term Strategy1 net-zero2 target by 2050 or the Commission President-elect ‘climate neutrality’ objective, will require a very large increase in electricity, especially for low-carbon solutions in...

This new Policy Brief by CEPS Fellows, Noriko Fujiwara and Christian Egenhofer, discusses some of the factors that are key to understanding India’s climate agenda with an emphasis on the country’s challenges in development, adaptation, energy use and greenhouse gas emissions. The Policy...

In March 2009, CEPS formed a Task Force under the chairmanship of Anders Wijkman, former MEP, Vice Chairman of the Taellberg Foundation and Vice President of the Club of Rome, to examine the impacts of climate change and the extent to which the EU budget can effectively assist in addressing...

The EU has long assumed leadership in advancing domestic and international climate change policy. While pushing its partners in international negotiations, it has led the way in implementing a host of domestic measures, including a unilateral and legally binding target, an ambitious policy on...

This study focuses on the financial resources needed to fight global climate change and the implications for the EU budget. The authors apply four different methodologies to estimate global financing requirements and attempt to determine the resources that will be needed at the EU level to meet...