The European Green Deal is a comprehensive strategy aiming to fully decarbonize the economy by 2050, with a key target of a 55 % reduction in carbon emissions by 2030. This study contributes to the debate around the European Green Deal by providing insights from different dynamic stochastic...

The carbon border adjustment mechanism (CBAM) of the European Union (EU) may become a significant global climate policy milestone. The EU trade partners most willing to accept CBAM could help it gain the critical mass necessary for survival and broader adoption. The cooperation of the world's...

We analyze the energy market and ETS outcomes in Kazakhstan, a major fossil-fuel exporter. The energy market was characterized by the presence of large state-owned enterprises, prevalence of fossil fuel subsidies, and dominance of coal-fired generation. Despite the ETS, Kazakhstan's CO2...

That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...

The aim of this paper is to review the objectives to mitigate greenhouse gas (GHG) emissions and to increase the renewable energy share (RES) in gross final energy consumption from the European Commission (EC) and the related member state contributions to reflect their consistency. Therefore, a...

Governments all over the world are investigating how to mitigate environmental risk and how to address climate policies to achieve sustainable development goals (SDGs). This study focuses on interactions between climate policy development and different SDGs. The study analyses panel data for the...

This policy note investigates whether the current level of public support to environment-friendly technologies is sufficient to allow European countries to respond to the multiple challenges posed by climate change and other environmental concerns. We first lay out the justifications for...

Climate and weather conditions influence energy demand. as well as electricity generation, especially due to the strong development of renewable energy. The changes of the European energy mix, together with ongoing climate change, raise a number of questions on impact on the electricity sector....

Marine activities in seaports account for circa 3% of total carbon emissions worldwide, prompting several initiatives to decarbonise their energy systems and make seaports smarter and greener. This paper provides a thorough and authoritative review of the vast array of research in this field,...

This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...