By 2020, the EU plans to reduce greenhouse gas emissions from member states by 20% compared to 2005 levels through several measures. The Emissions Trading System will reduce emissions from the sectors it covers (40% of EU emissions) by 21% by releasing fewer permits from 2013 onwards. Emissions from other sectors like transport, construction, domestic consumption, agriculture, and waste (60% of EU emissions) will be reduced 10% through binding national targets, such as a 13% reduction target for Italy. The EU also aims to promote carbon capture and storage technologies by funding 12 demonstration projects and requiring large power plants to acquire underground gas storage facilities.
2. By 2020 there will be a 20% reduction of greenhouse gases' emissions
of the EU member states.
Let's analyze the reduction in the various sectors.
3. ETS SYSTEM (covering 40% of EU emissions)
Redefinition for the period 2013-2020 of the Emissions Trading scheme.
HOW? Releasing fewer permits to emit from 2013 onwards, so as to achieve by 2020 a cut
of 21% of emission levels compared to 2005.
4. OTHER SECTOR (60% of EU emissions)
For sectors such as:
-transport (except aviation),
-construction,
-domestic consumption,
-agriculture and rubbish.
-It is expected to reduce emissions by 10% compared to the 2005 levels by 2020.
HOW? Through binding national targets.
For Italy, the expected reduction is 13% compared to the 2005 levels.
5. CO2 Capture and Storage
Promotion of the use of technologies of capture and geological storage of carbon.
HOW? Through the coming emissions trading scheme, they will found 12
demonstrating projects.
On the other side the large power plants will have to acquire underground gas
storage facilities.
6. CO2 Capture and Storage
Promotion of the use of technologies of capture and geological storage of carbon.
HOW? Through the coming emissions trading scheme, they will found 12
demonstrating projects.
On the other side the large power plants will have to acquire underground gas
storage facilities.
