The EU and Kyoto Protocol: Achievements and Future Challenges

7 Pages Posted: 12 Jan 2013

See all articles by Fabio Eboli

Fabio Eboli

Fondazione Eni Enrico Mattei (FEEM); CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Marinella Davide

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Date Written: December 21, 2012

Abstract

This article assesses the European Union's positive performance in achieving its own Kyoto Protocol target, differently from the other Annex I countries. The analysis highlights a quite heterogeneous situation across Member States. The simultaneous contribution of both the EU Emission Trading System and the financial crisis have made EU compliance with the Kyoto commitment uncertain. Nevertheless, the last Conference of Parties has shown that EU is willing to lead future strategy to deal with climate change even though new international agreements may be either at risk or ineffective in environmental terms.

Keywords: Kyoto Protocol, European Union, Emission Trading System

JEL Classification: Q54, Q58, G01

Suggested Citation

Eboli, Fabio and Davide, Marinella, The EU and Kyoto Protocol: Achievements and Future Challenges (December 21, 2012). Review of Environment, Energy and Economics (Re3), Forthcoming, Available at SSRN: https://ssrn.com/abstract=2199435

Fabio Eboli (Contact Author)

Fondazione Eni Enrico Mattei (FEEM) ( email )

Corso Magenta 63
20123 Milan
Italy

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Marinella Davide

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

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