This briefing was prepared for the European Parliament’s Committee on International Trade (INTA).
Since the beginning of the COVID-19 crisis, Bruegel’s new tool has gauged the impact of the crisis on economic activity by tracking changes in electricity consumption.
We compare market designs for access regulation of a bottleneck transmission line, and study their impact on investment decisions by an incumbent firm with an existing dirty technology and entrant with an uncertain future low-carbon technology.
The European Parliament and the Council still have an opportunity to improve the Just Transition Fund by refocusing it on social support and basing fund allocations on more granular information that takes into account not only countries’ needs but also their green ambitions.
The Annual Meetings are Bruegel's flagship event which gathers high-level speakers to discuss the economic topics that affect Europe and the world.
What role will the energy sector play in the post crisis recovery and will this recovery be a green one?
On 14 January 2020, the European Commission published its proposal for a Just Transition Mechanism, intended to provide support to territories facing serious socioeconomic challenges related to the transition towards climate neutrality. This report provides a comprehensive analysis of how the EU can best ensure a ‘just transition’ in all its territories and for all its citizens with the tools at its disposal. It provides an overview and a critical assessment of the Commission's proposal, and suggests possible amendments based on best practices from other just-transition initiatives.
The Bruegel annual report provides a broad overview of the organisation's work in the previous year.
COVID-19 has triggered a severe recession and policymakers in European Union countries are providing generous, largely indiscriminate, support to companies. As the recession gets deeper, a more comprehensive strategy is needed. This should be based on four principles: viability of supported entities, fairness, achieving societal goals, and giving society a share in future profits. The effort should be structured around equity and recovery funds with borrowing at EU level.
This opinion piece was originally published in NZZ. Die Coronavirus-Pandemie und die Massnahmen zu ihrer Bekämpfung haben zum grössten weltweiten Wirtschaftsabschwung seit dem Zweiten Weltkrieg geführt. Unternehmen, private Haushalte und der Staat navigieren in dieser Situation grosser Unsicherheit auf Sicht. So werden Entscheidungen in Unternehmen und Familien möglichst vertagt, bis man wieder klar sehen kann. […]
This oil crisis will be solved only by a pick-up in global oil demand, once lockdowns are lifted and the economy is restarted.
How can the EU product safety and compliance framework help promote product durability and tackle planned obsolescence, foster the production of more sustainable products, and achieve more transparent supply chains for consumers? Product longevity can play a useful role in achieving the Paris Agreement goals – material efficiency is an important contributor to energy efficiency and is also important in its own right. The product safety and compliance instruments available at European level can contribute to these efforts, if wisely applied.