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European Commission’s Energy and Climate Policy Framework

  • Michael L. PolemisEmail author
  • Panagiotis Fotis
Chapter
Part of the Green Energy and Technology book series (GREEN)

Abstract

In 2007, the European Commission (EC) provided its targets of energy and climate policy framework (“20–20–20” targets), with which the EC aimed to achieve a 20% reduction in EU greenhouse gas emissions from 1990 levels, an increase in the share of EU energy consumption produced from renewable resources (RES) to 20% and a 20% improvement in the EU’s energy efficiency. In 2014, the EC introduced the new key achievements of its energy and climate policy framework (EU Energy Roadmap 2050, [16], 15 final). On 30 November 2016, the European Commission proposed an update to the Energy Efficiency Directive including a new 30% energy efficiency target for 2030. The aim of this chapter is to analyse the effect of renewable energy use and economic growth on pollution within EU. We attempt to explore the relationship between pollution, economic growth and renewable energy consumption and analyses the effect of environmental efficient indicators on local and global pollutants.

Keywords

Sustainable development Environmental policy Renewable energy sources Dynamic panel data analysis Energy efficiency directive 

JEL classification

C21 C23 L16 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of PiraeusPiraeusGreece
  2. 2.Hellenic Competition Commission, Commissioner/RapporteurAthensGreece

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