Four ways to make the European Commission’s carbon pricing proposal fitter for 55

20.500.12592/42g1p9

Four ways to make the European Commission’s carbon pricing proposal fitter for 55

6 Apr 2022

Even in the early days of COVID-19, the European Union signalled its commitment to make its post-pandemic recovery green. The disruption caused by the pandemic would require significant rebuilding of the economy, offering an opportunity to accelerate green investment in the context of the European Green Deal. But pursuing a green recovery is not as straightforward as it might seem. Complex trade-offs must be negotiated between the need for short-term stimulus and the need to address the long-term challenge posed by global warming. To support policymakers in this difficult endeavour, Bruegel launched in 2020 the Bruegel Green Recovery Group, an initiative supported by the European Climate Foundation. Its aim was to be a platform for dialogue between high-level EU policymakers and academics on green recovery, in Europe and beyond. This Blueprint compiles some of the work of prominent voices of the Group, on issues that will touch the lives of all Europeans.
carbon pricing decarbonization rd3 - transformation pathways director edenhofer policy advice

Authors

Edenhofer, Ottmar, Kosch, Mirjam, Pahle, Michael, Zachmann, Georg

Citation
Edenhofer, O., Kosch, M., Pahle, M., Zachmann, G. (2022): Four ways to make the European Commission’s carbon pricing proposal fitter for 55. - In: Tagliapietra, S., Wolff, G., Zachmann, G. (Eds.), Greening Europe’s post-COVID-19 recovery, (Blueprint series ; 32), Brussels : Bruegel, 120-133.
Published in
Germany