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Climate change related extreme events have seriously damaged the countries of the European Economic Area, accounting for loss of almost 3 percent of GDP for each country, per year.
Drawing inspiration from the long voyages taken by well-off European youths in centuries past, OBC Transeuropa takes us on a tour of global warming hotspots in south-east Europe.
The Global Wind Atlas displays the typical amount of wind flowing in all areas of Europe, making it easier to identify valuable ares for wind power generation.
The Covid-19 pandemic is a cruel reminder that ecosystem vitality and human health are closely linked. For Eloi Laurent, "the best economic policy is a good health policy and the best health policy is a good environmental policy. We see that there is no trade-off between economy and environment."
Our analysis looks at the rise in average temperature for about 100,000 municipalities in Europe. Mean temperature values of the 1960s were compared with those of the 2010s, in order to explore the import of global warming at a local level.
The natural resources used to produce energy directly impact CO2 emission levels and the long-term environmental sustainability of the energy sector. National differences within the EU are large, and suggest the very different approaches being taken.
The EU Emission Trading System, the EU’s main mechanism to disincentivise CO2 emissions, seems not to have had the desired results. Major industrial groups, often with the support of their own governments, profit from systemic weaknesses while continuing to produce energy using fossil fuels.
As public institutions struggle to implement their plans effectively, private banks are still not pulling their weight. With the slowness and mounting obstacles facing public finances, combined with the unreliability of the private system, how secure is the future of energy transition?
In terms of CO2, energy production is the human activity with the worst impact on the environment in Europe. Emissions in the EU may be falling, but there are still major obstacles to achieving climate neutrality. Meanwhile, to the east, dozens of new coal plants will be built in the near future.
To meet its climate targets, the EU must double the speed it is renovating its residential and office buildings. Sweden has already almost completely decarbonised its sector. But it is on its own.