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The EU and Kyoto Protocol: Achievements and Future Challenges

Author

Listed:
  • Fabio Eboli

    (Fondazione Eni Enrico Mattei and CMCC)

  • Marinella Davide

    (Fondazione Eni Enrico Mattei and CMCC)

Abstract

This article assesses the European Union's positive performance in achieving its own Kyoto Protocol target, differently from the other Annex I countries. The analysis highlights a quite heterogeneous situation across Member States. The simultaneous contribution of both the EU Emission Trading System and the financial crisis have made EU compliance with the Kyoto commitment uncertain. Nevertheless, the last Conference of Parties has shown that EU is willing to lead future strategy to deal with climate change even though new international agreements may be either at risk or ineffective in environmental terms.

Suggested Citation

  • Fabio Eboli & Marinella Davide, 2012. "The EU and Kyoto Protocol: Achievements and Future Challenges," Review of Environment, Energy and Economics - Re3, Fondazione Eni Enrico Mattei, December.
    • Handle: RePEc:fem:femre3:2012.12-03
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    File URL: http://re3.feem.it/getpage.aspx?id=5254
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    Citations

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    Cited by:

    1. Carlo Carraro & Marinella Davide & Valeria Barbi & Giacomo Marangoni, 2013. "Science adva ncements, policy immobility: the two fac es of climate (in)action," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2013(3), pages 5-29.
    2. Catherine Benjamin & Isabelle Cadoret & Marie-Hélène Hubert, 2015. "The European Climate Policy is Ambitious: Myth or Reality?," Revue d'économie politique, Dalloz, vol. 125(5), pages 731-753.

    More about this item

    Keywords

    Kyoto Protocol; European Union; Emission Trading System;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • G01 - Financial Economics - - General - - - Financial Crises

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