This archive contains all documents published by cep over the last few years:
cepAdhoc: Incisive comment on current EU policy issues.
cepPolicyBrief: Concise 4-page reviews of EU proposals (Regulations, Directives, Green Papers, White Papers, Communications) – including a brief summary and economic and legal assessments.
cepInput: Impulse to current discussions of EU policies.
cepStudy: Comprehensive examination of EU policy proposals affecting the economy.
In order to reduce CO2 emissions in road transport, CO2 limits on cars and light duty vehicles will be further tightened. The EU Commission has made a proposal for a Regulation in this regard of which cep takes a primarily critical view because stricter CO2 limits give rise to high CO2 avoidance costs.
The EU Commission is aiming to bring in a new registration and monitoring system for the CO2 emissions and fuel consumption of new lorries and buses. This means additional bureaucratic obligations for vehicle manufacturers and registration authorities. The obligation to publish sensitive data weakens the competitiveness of European vehicle manufacturers on markets outside the EU.
On the basis of an EU Commission Regulation, the emissions and removals of greenhouse gases (GHGs) in the land use and forestry sector will be fully included into EU climate policy. As a result, the quantity of GHG emissions in this area will no longer be permitted to be greater than the removals of GHGs by way of absorption into the ground or by plants or wood products.
The EU Commission will allocate Member States with national targets for reducing greenhouse gases (GHG) in sectors not subject to EU emissions trading (ETS) (e.g. transport and agriculture). It also proposes flexibility options which Member States can use to achieve their national targets.
The EU Emissions Trading System (ETS) is an ecologically sound and economically effective instrument for climate protection. In cep's view, the ETS can only contribute to global climate protection if carbon emissions that are reduced in the EU are not simply moved to third countries (carbon leakage).
The EU has set out in a Communication how the European Union will implement the global climate change agreement concluded in Paris. In cep's view, the Paris Agreement is a necessary step towards effective climate protection. The Commission's assertion that the provisions on carbon leakage are "balanced" is, however, incorrect.
In 2014, the European Council laid down stricter targets for reducing carbon emissions for the period 2021-2030. The 2030 reduction target in the sectors covered by the EU Emissions Trading System (ETS) amounts to at least 43% as compared with 2005 levels. In order to achieve this, the EU-wide permitted volume of emissions ("Cap") will be reduced annually from 2021 by 2.2% instead of the current 1.74%. In addition, the "benchmarks", which aim to create incentives for reducing carbon emissions and are based on the average emission volume of the 10% most efficient installations in a sector in 2007 and 2008, will be subject to a blanket reduction.