Joint letter – ICC reform and expansion risks diverting ETS Revenues from real climate action
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
News
Publish date: November 8, 2007
News
The interim report was presented on October 31st by Prof. Andreas Troge, president of the German Environment Agency, and German environment minister Sigmar Gabriel. According to the study, the measures adopted by the German cabinet in August in Meseberg will lead to savings of over EUR 36 billion of coal, oil and gas consumption.
In contrast, the additional costs for corresponding investments will amount to only EUR 31 billion euros. On average, every tonne of CO2 saved has a savings effect of EUR 26, proving that emissions reductions pay off.
"These are very encouraging findings. They confirm in particular that energy savings make economic sense – notwithstanding climate change. This holds true in every country," Bellona energy advisor Ane Brunvoll says.
The German Environment Agency carried out two calculations. First, the climate protection impacts of the integrated energy and climate programme were analysed. According to this, the adopted measures can reduce CO2 emissions in Germany by 36 percent by 2020 compared with the base year of 1990.
Secondly, an expert team carried out an economic assessment of the central measures of the integrated energy and climate programme. It found that:
Environment Minister Gabriel said: "We will adopt the implementation of the key elements of the Meseberg package in the cabinet before the international climate change conference in Bali at the beginning of December. By doing this we will send an important signal for international negotiations: climate protection pays off."
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
By Amélie Laurent, CDR Policy Advisor, Bellona Europa Published in REVOLVE Today, EU countries approved Europe’s 2040 climate target:...
The new EU Ports Strategy rightly recognises that ports are no longer just logistics hubs – they are be...
Three main asks: Set robust low-carbon definitions as soon as possible: Without clear thresholds, non-price criteria in procurement lack the dec...
On 24 February 2025, Bellona Europa co-hosted a breakfast seminar at Norway House in Brussels alongside ZERO and the Mission of Norway to the EU, bringing together policymakers, manufacturers, and procurement practitioners around a single conviction: European cities hold a decisive and largely untapped lever for decarbonising construction. With the revision of the EU Public Procurement Directives on the horizon, the moment to use it is now.
Get our latest news