Influence of Economic Decoupling in assessing carbon budget quotas for the European Union

التفاصيل البيبلوغرافية
العنوان: Influence of Economic Decoupling in assessing carbon budget quotas for the European Union
المؤلفون: Perissi, Ilaria, Jones, Aled
المصدر: Carbon Management 14 (2023) 1-16
سنة النشر: 2022
المجموعة: Quantitative Finance
مصطلحات موضوعية: Economics - General Economics
الوصف: In the present study, for the first time, an effort sharing approach based on Inertia and Capability principles is proposed to assess European Union (EU27) carbon budget distribution among the Member States. This is done within the context of achieving the Green Deal objective and EU27 carbon neutrality by 2050. An in-depth analysis is carried out about the role of Economic Decoupling embedded in the Capability principle to evaluate the correlation between the expected increase of economic production and the level of carbon intensity in the Member States. As decarbonization is a dynamic process, the study proposes a simple mathematical model as a policy tool to assess and redistribute Member States carbon budgets as frequently as necessary to encourage progress or overcome the difficulties each Member State may face during the decarbonization pathways.
Comment: 41 pages, 17 figure, 21 Tables. This research was funded by PLEDGES project- European Union s Horizon 2020 MSCA IF GA ID: 101023109
نوع الوثيقة: Working Paper
DOI: 10.1080/17583004.2023.2217423
URL الوصول: http://arxiv.org/abs/2211.11322
رقم الأكسشن: edsarx.2211.11322
قاعدة البيانات: arXiv
الوصف
DOI:10.1080/17583004.2023.2217423