2011 Policy Measures to Address Systemically Important Financial Institutions 1. At recent Summits, G20 Leaders asked the FSB to develop a policy framework to address the systemic and moral hazard [...] bucket of 3.5% to discourage further systemicness), to be met with common equity; iv) More intensive and effective supervision of all SIFIs, including through stronger supervisory mandates, resources [...] assessment methodology for identifying globally systemically important insurers in time for the G20 Summit in June 2012. The IAIS will also pursue its work to develop a Common Framework for the Supervision
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obligation to publish by June 2010 an analysis which covers the issue of carbon leakage from energy-intensive sectors to countries outside the EU (Art. 10b (1) Directive on the Emissions Trading System 2009/29/EC; [...] in 2020 from 20% to 30%. Parties affected: The economy as a whole, in particular the energy-intensive industries Pro: Currently, the Commission does not favour an additional reduction of greenhouse [...] et seq.). - The Commission intends to increase regulation regarding technology, notably energy-intensive products, e.g. through product standards as defined under the Eco-design Directive (see CEP Policy
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climate and energy package on the output of the EU’s energy intensive industry would be limited, as long as the special measures for energy-intensive industry stay in place. Stepping up to 30% would entail [...] energy intensive sectors have significantly declined over the last years. Unused free allowances have been monetised. On the other hand, investment in low-carbon technology in energy-intensive sectors [...] opportunities for Europe in building a resource- efficient society. We have also had the Copenhagen summit. Despite the disappointment of failing to achieve the goal of a full, binding international agreement
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objectives of 2050. Parties affected: Overall economy, in particular power producers and energy-intensive sectors. Pros: An overview of the various possible scenarios for reducing CO2 in the EU by 2050 [...] 2050, emissions in the entire industrial sector should be reduced by 83-87%. - By 2050 energy-intensive industries could reduce their emissions by at least 50% through the application of “more advanced [...] concerning climate protection, the EU will need to consider how to avoid the exodus of energy-intensive industries and their emissions outside the EU (“carbon leakage“; see CEP Dossier, p. 14 et sqq
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measures to incentivise the ac- quisition of less emission-intensive cars: In 2019, a malus of up to 10.500 €42 has to be paid by buyers of CO2-intensive cars that emit more than 117 g CO2/km; and out of these [...] of the UN Climate Action Summit on 23 September 2019 in New York, https://www.bundeskanzlerin.de/bkin-de/aktuelles/rede-von-bundeskanzlerin-merkel-zum-un-climate-action-summit- am-23-september-2019-i [...] Germany 3 1 Introduction In many countries of the EU, climate policy is currently the focus of intensive debate. One crucial aspect in this respect is the pricing of emissions of greenhouse gases (GHG)
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measures to incentivise the ac- quisition of less emission-intensive cars: In 2019, a malus of up to 10.500 €42 has to be paid by buyers of CO2-intensive cars that emit more than 117 g CO2/km; and out of these [...] of the UN Climate Action Summit on 23 September 2019 in New York, https://www.bundeskanzlerin.de/bkin-de/aktuelles/rede-von-bundeskanzlerin-merkel-zum-un-climate-action-summit- am-23-september-2019-i [...] Germany 3 1 Introduction In many countries of the EU, climate policy is currently the focus of intensive debate. One crucial aspect in this respect is the pricing of emissions of greenhouse gases (GHG)
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strategy. Parties affected: The entire economy, in particular power supply companies and energy-intensive companies. Pros: (1) A global approach is required in order to meet the challenges of climate [...] Cancun should form the basis for a “fully fledged legal framework” to be adopted during the climate summit in South Africa at the end of 2011 (p. 4). ► International emissions trading (“carbon market“) [...] consumption and transport). – Moreover, the Commission wishes to analyse the position of energy intensive industries which are under threat of being relocated outside the EU. Climate Policy
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Research and innovation for development and deployment of less energy and carbon intensive technologies in energy intensive industries will be very important. Diversify and strengthen energy options [...] Capture and Storage (CCS) reduces greenhouse gas emissions from the energy sector and carbon intensive industries. Currently, four large-scale demonstration projects in the EU are expected to be o [...] biotechnology, nanotechnology, photonics and micro-/nanoelectronics 9 launched at the UN summit for the adoption of the post-2015 development agenda 29 offer opportunities to encourage key
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See Staff Working Document on Demand Response. 17 G20 Leaders Statement, Pittsburgh Summit (Sept 2009), Toronto Summit (June 2010) and G20 Research Group: 2011 Cannes G20 Final Compliance Report, 18 [...] of energy-intensive industries and for the attractiveness of an industrial location in these sectors. World price differences translate into impacts on the cost structures of energy-intensive sectors [...] both generators and companies with the predictability they need to make investments21. For energy-intensive industries, 20 For example, as a key functionality
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See Staff Working Document on Demand Response. 17 G20 Leaders Statement, Pittsburgh Summit (Sept 2009), Toronto Summit (June 2010) and G20 Research Group: 2011 Cannes G20 Final Compliance Report, 18 [...] of energy-intensive industries and for the attractiveness of an industrial location in these sectors. World price differences translate into impacts on the cost structures of energy-intensive sectors [...] both generators and companies with the predictability they need to make investments21. For energy-intensive industries, 20 For example, as a key functionality
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