Market-based environmental policy instruments

2016-10-24T23:17:22Z

Nia.chigogidze: Created page with "'''Market Based Measures''' are policy instruments that use market, price and other economic factors as incentive for polluters to reduce emissions. They are the type of regul..."

'''Market Based Measures''' are policy instruments that use market, price and other economic factors as incentive for polluters to reduce emissions. They are the type of regulations that encourage behavior through market signals rather than through explicit directives regarding pollution control levels or methods.

These policy instruments, such as tradable permits or pollution charges, are often described as "harnessing market forces" as they are designed to meet plocy goals through actions that are also profitable or of interest to firms.

2020 climate and energy package

2016-10-22T12:45:27Z

Nia.chigogidze: Created page with "The 2020 package is a set of binding legislation, enacted to ensure that EU meets its climate and energy targets for the year 2020. The package sets out the following key ai..."

The 2020 package is a set of binding legislation, enacted to ensure that EU meets its climate and energy targets for the year 2020.

The package sets out the following key aims:

* 20% cut in [[Greenhouse gas (GHG) emissions|greenhouse gas emissions]] (compared to 1990 levels)
* 20% of EU energy generared from [[Renewable energy sources (RES)|renewable energy sources]]
* 20% improvement in [[Energy efficiency|energy efficiency]]
* 21% decrease in emission in sectors covered by EU's Emissions Trading System

Achieving the goals of the 2020 package would contribute to fighting climate change and increase EU's energy security.

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Market-based environmental policy instruments

2020 climate and energy package