Boutroue Bekkhus, Niels. (2007) The Stern Review and the question of energy and climate change in the European Union? Egmont European Affairs Working Paper, 2007. [Working Paper]
Abstract
The Stern Review on the Economics of Climate Change was published at the end of 2006. It was perceived by some as an element capable of triggering not only consciousness of climate change as an urgent problem, but also international political action. In this part of the Energy-issue of Studia Diplomatica, the Stern Review is read in an EU perspective. Using the Review as a measuring bar, the paper firstly considers the current EU strategy on climate change and energy. In the same way, the Review is used with a view to assess the European Commission’s proposal for an EU Energy Policy. On this basis, the paper develops two recommendations to the EU which are inferable from the Stern Review, on technology cooperation and the future of the EU Emissions Trading Scheme. In the conclusion it especially highlights the difference between the levels of realism and ambition displayed by the Commission’s proposal and the Stern Review, to the advantage of the latter.
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