With its pending Green Deal, the European Commission is striving to make Europe the first climate-neutral region by 2050. A lot is at stake with this goal. The transition to clean energy can help mitigate climate change and bring extensive social, health and well-being benefits to all Europeans. This process, however, is not without costs, particularly in the short term. With millions of people living in energy poverty in Europe, policymakers must ensure that these costs, as well as the benefits, are shared fairly among energy consumers. By unpacking the market, regulatory and policy decisions that determine how costs are passed on through consumer bills, the authors of this report aim to demystify the distributional aspects and impacts on the energy poor. It is critical that the clean energy transition does not require greater expenditure from energy consumers affected by energy poverty.
RAP (accessed) 21st May 2020 read more »
In this report, produced with the support of the Robert Wood Johnson Foundation, Synapse Energy Economics, RAP and Community Action Partnership take an in-depth look at the disparate impacts electric and natural gas infrastructure have on economic, social, and health outcomes — and consider how to ensure that a clean-energy future is a more equitable future. The report finds a variety of opportunities for policymakers, including policies to make energy more affordable for vulnerable communities, expand access to energy, reduce environmental hazards, and create jobs in the clean energy transition.
RAP 29th April 2020 read more »
The European Commission’s promised green recovery plan will focus on building renovation, renewables and hydrogen as well as clean mobility and the circular economy, according to a leaked working document obtained by EURACTIV. The European Commission is busy putting together a plan to help the EU economy recover from the COVID-19 crisis, preparing to pour at least €1 trillion into a broad stimulus programme expected to be presented next week. Commission President Ursula von der Leyen outlined the plan to the European Parliament last week, promising to put the Green Deal at the centre of the EU’s recovery effort. The plan is scheduled to be released on 27 May and although key details on funding are still lacking, some aspects of the plan are now starting to emerge. Yesterday, EURACTIV got hold of a draft presented as “a working document” related to the green aspects of the recovery plan. The European Commission does not usually comment on drafts. But when contacted by EURACTIV, chief spokesperson Eric Mamer did not immediately deny the document’s authenticity, only urging journalists to “exercise caution” when dealing with alleged leaks.
Euractiv 20thMay 2020 read more »
World’s Greenest Coronavirus Recovery Package Arriving in Europe: Green Deal plan will be transformed into EU recovery plan; Document shows the green economy is central to growth; The European Union is poised to announce the world’s greenest recovery package next week, as it seeks to curb pollution and save its economy from the coronavirus pandemic. European Commission President Ursula Von Den Leyen is set to transform her Green Deal strategy to reach net zero greenhouse gas emissions by 2050, into a coronavirus economic rescue plan that’ll rapidly drive private investment and create jobs across the continent, according to a draft document with details of the proposal seen by Bloomberg. The plan is part of the package that the EU executive will unveil on May 27 for the bloc’s jointly financed response to the pandemic-induced recession. The package will include a proposal for the EU’s next trillion-euro budget for the years 2021-2027 and a “recovery instrument” of at least half-a-trillion euros specifically designed to cushion the economic blow from the outbreak. “These sums would dwarf any green stimulus announcements to date and signal that the EU really wants to align its economic recovery strategy with the Green Deal,” said Victoria Cuming, head of global policy at BloombergNEF.
Bloomberg 20th May 2020 read more »