Commentaries

The EU Climate Change Package: even more radical than it looks

28th January 2008 commentary

The EU's climate change package is one
of the most radical sets of proposals to
come out of Brussels. It is on a par with
monetary union, and it defines a new role
for the EU in the coming decades in
driving through the de-carbonisation of
the European economy. The targets are
demanding, both in aggregate emissions
reductions and for renewables and energy
efficiency. The third phase of the EU ETS
from 2012 promises to be very tough.