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Alessi, Monica; Egenhofer, Christian; Ferrer, Jorge Núñez --- "Impacts of EU climate and energy policies on industry" [2015] ELECD 192; in Van Calster, Geert; Vandenberghe, Wim; Reins, Leonie (eds), "Research Handbook on Climate Change Mitigation Law" (Edward Elgar Publishing, 2015) 245

Book Title: Research Handbook on Climate Change Mitigation Law

Editor(s): Van Calster, Geert; Vandenberghe, Wim; Reins, Leonie

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781849803809

Section: Chapter 11

Section Title: Impacts of EU climate and energy policies on industry

Author(s): Alessi, Monica; Egenhofer, Christian; Ferrer, Jorge Núñez

Number of pages: 26

Abstract/Description:

This chapter reviews the influence of EU climate and energy policies on the industrial sector. The EU has deployed a large number of instruments, including market-based ones such as the EU Emissions Trading System, command and control regulations or a gradual shift in EU funding rules and procurement procedures to promote low carbon solutions and spur ‘green’ business. Through reinforced investments in a low carbon economy and the strengthening of the EU ETS, the EU hopes to launch a virtuous circle of job generation, a reduction in energy costs over the long term, and thereby an increase in competitiveness, and the creation of a low carbon technology industry which is competitive on the world market.