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What is the EU greenhouse gas emission budget for the century?

Estimates of the EU's greenhouse gas emission budgets for the rest of the century vary considerably but have one thing in common: The EU's emission budget is very small and shrinking rapidly. Beside the discussion of what a "fair" EU contribution according to the Paris Agreement is, the report “EU Greenhouse Gas Emission Budget” outline different EU's greenhouse gas emission budgets scenarios. The report is available for download.

If the EU's emission budgets were based only on least-costs considerations, it would range between meager 50 Gt (in 1.5°scenarios) or 90 Gt (in 2°C scenarios) for the period 2020 and 2100. With current annual emissions of about 4 Gt, the EU would have used up its 1.5°C budget by about 2032.

In 2° scenarios, the EU budget could be exhausted by around 2042. If, instead, the budget were distributed purely on the basis of equity considerations, the EU emission budget would be much smaller. If, for example, the EU's emission budgets were based on expected EU's share in the global population in 2050, the budget for the period 2021 and 2100 would be 6.9 Gt in 2°C scenarios; the EU would have already exceeded its 1.5°C budget by 10.3Gt in 2020. These are the key messages of a new Ecologic report.

The report's findings at a workshop in Brussels on 22 January 2018.

Download: EU Greenhouse Gas Emission Budget (PDF, 1.7 MB, english)

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•    Funding Climate Action: the EU Emissions Trading System and its Auctioning Revenues
•    Integrating National Reality into the 2030 Governance System
•    Lessons from the European Semester for Effective 2030 Governance for Energy and Climate
•    Compliance with EU 2030 Renewable Energy Targets: How to Fill a Gap
•    EU Climate Policy for 2030: Why are We Talking About Governance?