1. Home
  2. Studies
  3. How the EU can achieve the 2030 climate targets in the road transport and building heat sectors
Roland Kube / Finn Wendland IW-Policy Paper No. 13 14. July 2021 How the EU can achieve the 2030 climate targets in the road transport and building heat sectors

With the upcoming Fit-for-55 package the European Commission works towards implementing a set of wide-ranging legislative proposals to align policy frameworks across the EU with the objectives of the EU Green Deal.

Download PDF
How the EU can achieve the 2030 climate targets in the road transport and building heat sectors
Roland Kube / Finn Wendland IW-Policy Paper No. 13 14. July 2021

How the EU can achieve the 2030 climate targets in the road transport and building heat sectors

Download PDF Quote

Copy the information

The link was added to your clipboard!

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

With the upcoming Fit-for-55 package the European Commission works towards implementing a set of wide-ranging legislative proposals to align policy frameworks across the EU with the objectives of the EU Green Deal.

This study examines four regulatory options, including carbon pricing, for the road transport and buildings sectors, which are responsible for 40 percent of GHG emissions and so far not covered under the EU-ETS. While a swift harmonization of carbon pricing mechanisms under one uniform framework, covering all countries and sectors, may seem theoretically appealing on the basis of economic efficiency and cost minimization, severe distributional implications, both economically (carbon-leakage) and socially, undermine such options as practicable at least in the short-term. Alternatively, we propose the introduction of a separate 2. ETS in combination with an emissions-oriented reform of the existing energy taxation rules as a framework which proves economically efficient, socially balanced and ecologically effective. Any carbon pricing scenario should integrate complementary social measures for cost redistribution favouring low-income households, as well as measures to maintain industry competitiveness. Additional measures supporting a conversion of parallel carbon pricing systems may minimize the economic costs of the EU Green Deal over the long-term.

Download PDF
How the EU can achieve the 2030 climate targets in the road transport and building heat sectors
Roland Kube / Finn Wendland IW-Policy Paper No. 13 14. July 2021

How the EU can achieve the 2030 climate targets in the road transport and building heat sectors

Download PDF Quote

Copy the information

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
Parul Kumar/ Heiner Von Lüpke / Marian Feist /Heather Exner-Pirot / Hubertus Bardt External Publication 4. November 2022

Perspectives on Designing a Climate Club: Alliance-Building to Strengthen International Climate Cooperation

A Statement of the G7 countries under the presidency of Germany in June 2022 expressed the intention of establishing an international climate club that is open and cooperative, with aspirations ranging from coordinating ambitious and transparent climate ...

IW

Read the article
Thomas Puls Expertise 13. September 2022

Compendium 5.2: CO2 Regulation of Road Transport in Europe

With the Compendium CO2 Regulation in Europe, the IW has been providing the interested public with a comprehensive collection of data on the development of CO2 emissions from passenger car traffic in the European Union, as well as on the applicable regulatory ...

IW

More about this topic

Content element with id 8880 Content element with id 9713