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Europe’s Energy Transition by Manuel Welsch

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Chapter 13

Conclusions and Outlook

Paul Deane,    University College Cork (UCC), Cork, Ireland

Abstract

The EU energy landscape is changing, driven by the need to reduce emissions and increase security of supply. Policy instruments to encourage decarbonization such as carbon pricing should include technology-based and behavior-based instruments to facilitate this transition to a low-carbon economy. The impact of available fossil fuel resources in the EU may still raise questions around how Member States reconcile their commitments to the 2°C goal with their seeking to produce all indigenous fossil fuel reserves (e.g., as in the UK). While many EU Member States have very limited hydrocarbon resources, shale gas production could significantly ...

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