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For some years now there has been a heated debate in the European Union about whether it is enough to reduce emissions of greenhouse gases by 20% from their 1990 levels by 2020, or should they be reduced by 30%. With the publication of Roadmap 2050 the ...

Concerning the mechanism for monitoring the Community greenhouse-gases (GHG) emissions and for implementing the Kyoto protocol, the European Commission requires the Member States to provide a Biannual Report on its updated GHG emissions and projections ...

The study makes an overview of those energy policy related issues that will challenge the Hungarian energy sector in the time horizon up to 2050. The objective of the study is to map the most important challenges in the field, in order to highlight these ...

Quantitative estimates of the economic damages of climate change usually are based on aggregate relationships linking average temperature change to loss in gross domestic product (GDP). However, there is a clear need for further detail in the regional ...

In 2009 December in Copenhagen the European Union made great efforts to reach an agreement with other participating countries on the post-Kyoto obligations to curb greenhouse gas emissions. The EU carried on with the negotiations knowing that it had ...

Why would a small, middle-income country, stuck in the turbulence of deep political and economic changes, care about global environmental problems? After the breakdown of the Communist regime in 1989, the 1990s were marked by serious social and economic ...

The companies under the regime of the European Union Emission Trading Scheme had to publish valid data concerning their emissions. This official data enables us to analyze what kind of effects the introduction of EU-ETS had on each ...

In the framework of the EU ETS the Hungarian Government auctions 2. 5% of the total CO2 allowances set for the 2005-2007 period. The National Allocation Plan approved by the European Commission thus provides for the auctioning of 2 340 000 tons of CO2 ...

Two studies were prepared on the governmental tasks and incurring budget effects of the EU CO2 emissions trading system. The first study introduces the theoretical basics of emissions trading, the main economic foundations, the assessment of the ...

The first volume of the final report discusses and summarizes our most important results. It presents detailed sectoral and total emissions prognoses for GHG and CO2 emissions that fall under the scope of the Directive 2003/87/EC (ETS). The second volume ...