THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMY
Since the 2000s, the European Union has proclaimed itself a forerunner of climate change mitigation and adaptation policies. The EU has adopted extremely ambitious targets and objectives ever since, with a view to accomplishing its transformation into a low-carbon economy. In the current context o...
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Format: | Article |
Language: | ron |
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Institute for World Economy
2022-12-01
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Series: | Revista de Economie Mondială |
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Online Access: | https://iem.ro/rem/index.php/REM/article/view/862/946 |
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author | Cristian Moisoiu |
author_facet | Cristian Moisoiu |
author_sort | Cristian Moisoiu |
collection | DOAJ |
description | Since the 2000s, the European Union has proclaimed itself a forerunner of climate change mitigation
and adaptation policies. The EU has adopted extremely ambitious targets and objectives ever since, with a
view to accomplishing its transformation into a low-carbon economy. In the current context of instability and
crisis, the climate policies and the structural reform decisions, mainly in the energy and manufacturing sectors,
seem to bear on the international competitiveness of the European economy and on the living standards of a
large number of the European citizens. From another perspective, the wave of crises that hit the European
economy might be interpreted as a window of opportunity for the governments and businesses to promote
innovative solutions in order to leapfrog from energy intensive industries towards more performant, higher
value-adding ones. The present article will expound the EU low-carbon economy model and the main policies
it suggested, as well as the challenges and risks that occur in this tense context. |
first_indexed | 2024-04-09T18:13:48Z |
format | Article |
id | doaj.art-b6a573af7f6246dd866a4e884c94dae9 |
institution | Directory Open Access Journal |
issn | 2343-9521 |
language | ron |
last_indexed | 2024-04-09T18:13:48Z |
publishDate | 2022-12-01 |
publisher | Institute for World Economy |
record_format | Article |
series | Revista de Economie Mondială |
spelling | doaj.art-b6a573af7f6246dd866a4e884c94dae92023-04-13T08:58:56ZronInstitute for World EconomyRevista de Economie Mondială2343-95212022-12-011425264THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMYCristian Moisoiu0Institutul de Economie Mondială – Academia Română, București, RomâniaSince the 2000s, the European Union has proclaimed itself a forerunner of climate change mitigation and adaptation policies. The EU has adopted extremely ambitious targets and objectives ever since, with a view to accomplishing its transformation into a low-carbon economy. In the current context of instability and crisis, the climate policies and the structural reform decisions, mainly in the energy and manufacturing sectors, seem to bear on the international competitiveness of the European economy and on the living standards of a large number of the European citizens. From another perspective, the wave of crises that hit the European economy might be interpreted as a window of opportunity for the governments and businesses to promote innovative solutions in order to leapfrog from energy intensive industries towards more performant, higher value-adding ones. The present article will expound the EU low-carbon economy model and the main policies it suggested, as well as the challenges and risks that occur in this tense context. https://iem.ro/rem/index.php/REM/article/view/862/946climate policiesdecarbonized economyeuropean integrationclean energy |
spellingShingle | Cristian Moisoiu THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMY Revista de Economie Mondială climate policies decarbonized economy european integration clean energy |
title | THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMY |
title_full | THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMY |
title_fullStr | THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMY |
title_full_unstemmed | THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMY |
title_short | THE EUROPEAN UNION’S MODEL OF LOW-CARBON ECONOMY |
title_sort | european union s model of low carbon economy |
topic | climate policies decarbonized economy european integration clean energy |
url | https://iem.ro/rem/index.php/REM/article/view/862/946 |
work_keys_str_mv | AT cristianmoisoiu theeuropeanunionsmodeloflowcarboneconomy AT cristianmoisoiu europeanunionsmodeloflowcarboneconomy |