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European Green Capital and European Green Leaf Awards
Local governments and authorities can provide the commitment and innovation in cities that are needed to tackle and solve many of these problems. The European
Local governments and authorities can provide the commitment and innovation in cities that are needed to tackle and solve many of these problems. The European
EU urban policy To protect human health and the environment, EU urban policy aims to improve the quality of urban life through environmental legislation on
Greenhouse gas (GHG) emissions from the transport sector have increased significantly in recent decades. Biofuels can be used in transport as an alternative to fossil
Energy costs can be significantly reduced by using energy-efficient equipment. A labeling system showing energy efficiency characteristics will help. EU energy labeling legislation has been
As part of the Fit for 55 legislative package, the EU has introduced the Effort Sharing Regulation (ESR) to distribute the burden of emissions reduction
The EU Emissions Trading System (EU ETS) is a market-based tool to reduce greenhouse gas emissions by limiting the total emissions allowed for specific industries and power plants while allowing companies to trade allowances. The EU ETS has benefits, including incentivizing emissions reduction and generating revenue for climate-related projects.
The Carbon Border Adjustment Mechanism (CBAM) is a proposed policy by the European Union to apply a carbon price on imported goods from non-EU countries. The policy aims to level the playing field for European companies that face strict emission reduction targets and costs, while also incentivizing non-EU countries to reduce their emissions. The CBAM would initially require importers to report on the carbon content of their products, with a transition period before the implementation of the carbon pricing mechanism.
The European Union is implementing energy taxation measures to reduce emissions and increase energy efficiency. The taxes are based on the “polluter pays” principle, where those who use energy inefficiently pay for the costs of their actions.
Digitalization is a key area of both economic development and sustainability. The urgency of transforming our economy is obvious, however, there are some significant factors that will influence this shift.
The basic principle of economy is that if the supply is low and the demand is high then the price will be high too. If you need permission to emit green house gases and the “number of permissions” is limited, the price of these will grow.
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