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Climate change mitigation and the role of technological change: Impact on selected headline targets of Europe's 2020 climate and energy package

Bel, G; Joseph, S; (2018) Climate change mitigation and the role of technological change: Impact on selected headline targets of Europe's 2020 climate and energy package. Renewable and Sustainable Energy Reviews , 82 pp. 3798-3807. 10.1016/j.rser.2017.10.090. Green open access

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Abstract

The European Union launched a set of policies as part of its 2020 climate and energy package aimed at meeting its 20/20/20 headline targets for smart, sustainable and inclusive growth. This paper evaluates how successful new-to-the-market climate change mitigation technologies (CCMT) are in helping EU member states (MS) reach these goals and, furthermore, whether there are differences between sectors subject to EU-wide polices. To do so, we relate CCMT patent counts to two specific headline targets: (1) achieving 20% of gross final energy consumption from renewables, and (2) achieving a 20% increase in energy efficiency. Our results provide the first ex-post evaluation of the effectiveness of these technologies for combating climate change. Moreover, our sectoral impact assessment points to significant differences in the way in which these technologies contribute to policy goals across the sectors.

Type: Article
Title: Climate change mitigation and the role of technological change: Impact on selected headline targets of Europe's 2020 climate and energy package
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.rser.2017.10.090
Publisher version: https://doi.org/10.1016/j.rser.2017.10.090
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Environmental Policy, Climate Change, Technology Change, Patent Count Data
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Political Science
URI: https://discovery.ucl.ac.uk/id/eprint/10123073
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