December 4, 2014
By Jason Anderson, Head of European Climate and Energy Policy at WWF European Policy Office
Yesterday Germany announced that it will continue its national commitment to achieve a cut of 40% in its greenhouse gas emissions by 2020, despite EU policy that is insufficient to support that aim. It will put in place measures to cut energy use and emissions, including from sectors covered by the ailing EU Emissions Trading Scheme. Germany’s announcement is important and ambitious, considering the reduction achieved up to 2013 was only 24%. It also makes the national commitment for 2020 more binding and concrete.
When the European Council endorsed a 2030 framework that would allow the EU to continue its weak approach, pressure mounted in Germany to drop or delay its 40% 2020 target. The government has countered by reinforcing its resolve instead. This this a clear signal to the EU: if your policies aren’t up to the job, we’ll have to solve it ourselves.
On the one side it’s a challenge to the system. On the other, it is exactly the spirit that the EU and others are explicitly encouraging in the UN climate talks, now underway in Peru: countries should strive to do more than they have put on the table, and seek diverse ways to achieve those reductions.
The reaction in Europe should be for those countries that are serious about fighting climate change to push for more ambitious legislation – starting with reform of the EU ETS through what is called the ‘market stability reserve’ (MSR). It will take tonnes out of the oversupplied ETS, but only starting in 2021, and only to store them for later return – an insufficient approach. The MSR should start sooner, and include mechanisms to retire excess tonnes that world otherwise continue to drag the system down.epopress