Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/43474 
Year of Publication: 
2010
Series/Report no.: 
Nota di Lavoro No. 2010,141
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European Trading System of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the comparison of past goals and present results, it is argued that more credible targets for carbon emission reductions and renewable shares would probably help the transition towards an alternative energy system and the necessary reduction of greenhouse gases.
Subjects: 
Pollution
Sustainable Development
Climate Change
Fossil Fuels
Energy Policy
European Union
European Trading System (ETS)
Cap-And-Trade
Renewable Energy Sources
Credibility
JEL: 
L11
Q28
Q38
Q42
Q43
Q48
Document Type: 
Working Paper

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