Making the European Green Deal really work
With its increasing ambition, the conceptual deficiencies of the European climate policy are becoming even more transparent – especially its neglect of the systemic nature of the energy system. This column highlights three key elements of a more promising approach to European climate policy: (i) establishing a uniform carbon price as its central policy element, (ii) ending the confusion of objectives and instruments, and (iii) dropping its naiveté about the repercussions of its own actions on global climate protection. Addressing these issues will be crucial to making the European Green Deal work effectively.
Schlögl, R. und C. Schmidt (2020), Making the European Green Deal really work. VOX CEPR Policy Portal, 23.11.2020.