File:The EP starting point a perfect fit to the 30 ESR target.png
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[edit]DescriptionThe EP starting point a perfect fit to the 30 ESR target.png |
English: The Parliament position will ensure real emissions reductions towards the 2030 target
The graph above assumes a total 2021-2030 emission budget based on the Council position, including the Annex IV allocations and the external flexibilities with the ESR and LULUCF (380 Mt spread equally over 10 years). The starting point is calculated in line with the EP position, using the Member States’ most recent WEM projections and the revised AEA budgets for 2020. It is assumed that Member States would follow a linear trajectory between 2020 (based on the latest WEM projections) and a -30% reduction in 2030. There would only be a small build-up of a surplus towards the end of the period, mainly due to the use of external flexibilities. A small surplus is desirable to ensure a certain amount of liquidity for trade and cooperation between member states under article 5 of the ESR. This will be increasingly important in the end of the phase as member states will have exhausted their own cost-efficient potential and will be look across their borders for further potential. |
Date | |
Source | Own work |
Author | Phil MacDonald |
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