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Two Decades of European Climate Policy: A Critical Appraisal

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  • Christoph Böhringer

    () (Carl von Ossietzky Universität Oldenburg, Institut für Volkswirtschaftslehre & ZenTra)

Abstract

Climate change ranks high on the policy agenda of the European Union (EU) which considers itself as a leading force in the battle against anthropogenic climate change. The EU is committed to the objective of limiting the rise in global average temperature to no more than 2°C above pre-industrial levels to prevent dangerous anthropogenic interference with the climate system. This article provides a critical appraisal of two decades of EU climate policy. Based on the global nature of climate change, we pre-sent three criteria for sound unilateral action and evaluate current EU climate policy against these criteria. We find that the actual implementation of EU climate policies is likely to make emission abatement much more costly than necessary.

Suggested Citation

  • Christoph Böhringer, 2013. "Two Decades of European Climate Policy: A Critical Appraisal," ZenTra Working Papers in Transnational Studies 21 / 2013, ZenTra - Center for Transnational Studies, revised Nov 2013.
  • Handle: RePEc:zen:wpaper:21
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    EU climate policy; emission regulation; cost-effectiveness;

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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