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Putting the decoupling trend and INDC analysis into context ahead of Paris
September 2015
Climate Analytics Inc. in New York together with Heinrich Böll Foundation North America hosted a successful event during ‪Climate Week NYC,‬ which focused on the recent report by the German Economic Institute (DIW) on "Decoupling Economic Growth from Fossil Fuel Consumption and CO2 Emissions" and the results of the INDC analysis work of the Climate Action Tracker (CAT).
Polish power plant. Photo by Marcin Jozwiak on Unsplash
September 2015
The EU ETS reform could lead to an increase in the prices of emissions allowances, which could in in turn stop plans to invest in coal power plants in the EU. The major challenge will now be to reduce emissions in the non-ETS sector, which constitute the majority (57%) of all emissions, such as transport and buildings. To achieve this, member states would need to take much more action to promote improvements in e-mobility, energy efficiency in the building sector an other areas.