Target Sharing 2020
| Project name: | Target Sharing 2020 - The Allocation of Community Targets in Climate Policy to the EU Member States |
| Project leader: | Karl Steininger |
| Project team: | Claudia Kettner Stefan Schleicher |
| Partners: | WIFO, KWI Consultants and Engineers AG |
Sponsor: | Federal Ministry of Economics and Labour (BMWA) Federation of Austrian Industry (IV) The Austrian Federal Economic Chamber WKÖ) The Association of Austrian Electricity Companies (VEÖ) |
| Duration: | Aug. 2007 - Dec. 2007 |
Abstract:
In March 2007, the European Council has decided on major milestones for the European climate and energy policy by defining the following Community targets for 2020:
- A reduction in energy consumption by 20% relative to Business as Usual.
- The share of renewable energy has to be increased to 20%.
- 10% of fuels should come from biological resources.
- The CO2 equivalent emissions of the six Kyoto gases have to be reduced by 20% relative to 1990. If other countries like the US and China also set emission reduction targets, the EU increases this target to 30%.
This ambitious Community targets have to be divided across the 27 member states by means of a target sharing agreement. This project aims to facilitate the negotiation process by the following tasks:
- For all member states, a comparable database on emissions, energy demand, economic activity and demographic trends will be developed.
- Building on this database, indicators will be derived that show the influence of economic activity, demographic trends
