Energy & climate
Learning from CBAM's transitional phase: Early impacts on trade and climate efforts
03 December 2024
The EU should use CBAM revenues to fund support for clean industrial investments in least developed and developing countries.
Reducing or removing CO2 emissions: Can offsets make the difference?
05 September 2024
The EU must insist on more rigorous carbon offsets for these to become a credible tool to achieve net zero emissions.
Between competition and co-operation: How to engage with China on climate
27 June 2024
How should the EU engage with China on climate? European policy-makers need to use both competition and co-operation to advance on climate action.
European Electricity Market Reform – ambitions and realities
08 February 2024
The EU’s electricity market reforms do a good job of promoting more stable energy prices. But member-states must do more to deliver a fully integrated EU-wide energy market.
How to minimise the 'greenlash'
18 December 2023
A backlash over the EU’s green policies is not inevitable. Policy-makers should focus on designing green policies that make decarbonisation affordable, and highlight its social benefits.
EU climate and energy policy after the energy crunch
05 December 2023
After the energy crunch, EU member-states should roll back ‘unlimited’ energy subsidies, further co-ordinate their energy policy – for example, to expand power grids – and accelerate the implementation of climate policy.
Reform of Europe's wholesale power markets: In need of a jolt?
13 June 2023
The European Commission’s proposal to reform the electricity wholesale market is modest, but pragmatic. But the EU must strengthen the grid to improve its energy security: infrastructure planning should be co-ordinated at European level.
Will the EU's reform of retail electricity markets help consumers?
19 April 2023
Retail energy markets in Europe have performed poorly during the recent crisis. The Commission’s proposed reforms are a step forward, but they should do more to empower consumers and protect the vulnerable.
Europe needs both fiscal and energy solidarity
14 March 2023
EU governments should curb energy subsidies and raise support for clean energy investment. The EU should expand common borrowing to fund green investment: this would accelerate the energy transition.
How to save energy in a smarter way
14 November 2022
Reducing energy demand can help Europe cope with high energy prices. Consumers need more than pleas to save energy: governments need to provide a mix of prompts, advice and rewards.
In defence of borrowing for climate action
13 October 2022
Even though interest rates are rising globally, European governments should still borrow large sums to finance green projects. In some cases, the EU should help.
The EU's energy plan for a difficult winter: What are the options?
09 September 2022
The European Commission’s new plan aims to cut electricity use to reduce prices and possible blackouts; to extract some of the windfall profits of energy companies; and to curb Russia’s gas revenues.
The impact of the Ukraine war on global energy markets
14 July 2022
Instability in world energy markets will continue beyond the war in Ukraine. Europe will be less dependent on Russia’s fossil fuels, but a weakened Russia could still cause problems.
A G7 energy tariff on Russia would be better than a price cap
11 July 2022
A price cap on Russian oil would cut Russia’s income, but a tariff would help governments support households and businesses dealing with high energy prices.
How to make EU fiscal rules compatible with net zero
09 May 2022
EU governments will have to invest a lot more to meet 2030 emissions targets. Fiscal rules exemptions and more EU funding are needed to ensure Europe reaches its climate goals without political crises.
The EU emissions trading system after the energy price spike
04 April 2022
EU emissions trading needs an upgrade: the EU should tighten the cap on emissions more rapidly, expand to road transport and buildings, and spend higher revenues on subsidising green investment.
High energy prices threaten the EU emissions trading system
23 March 2022
EU member-states should not stop the expansion of emissions trading to keep a lid on energy prices. Instead, they should increase income support for poorer households and incentives for green investment.
How to make the new emissions trading system work for consumers
04 March 2022
Extending the Emissions Trading System to buildings and road transport can cut emissions and help poor households if all revenues are devoted to income support and green investment.
How carbon pricing can decarbonise European heavy industry
13 January 2022
To decarbonise heavy industry, the EU needs a high and stable carbon price, an end to free emission permits, a level-playing field with foreign competitors, and support for green investment.
Why the EU's recovery fund should be permanent
11 November 2021
The recovery fund will raise growth, and member-states’ investments and reforms are largely the right ones. But to make a big difference to climate change, the fund needs to be permanent and much larger.