The European Union (EU) is likely to face a gas supply-demand gap of 27 bcm in 2023-2024. This gap could be reduced by enhancing its partnership with oil and gas producing countries with spare export capacity – particularly Algeria, Egypt and Nigeria – to incentivise the capture and export of gas that is currently wasted (flared, vented and leaked). To tap this opportunity the EU could combine two measures in the REPowerEU toolbox: joint gas purchasing and 'You collect/we buy’ schemes (purchasing frameworks aimed to incentivise the capture of wasted fossil gasses, including methane, under the EU energy diplomacy). This combination would enable the main barriers preventing greater capture of methane to be addressed while taking advantage of the Union’s leverage: the presence of non-operated joint ventures (NOJVs) controlled by EU-based undertakings in the region; and the upcoming EU Methane Regulation covering domestic emissions and those associated with fossil energy imports. This approach would help the EU increase its energy security without triggering unintended policy consequences: compromising on its climate targets; prolonging reliance on fossil fuels; or decelerating the energy transition in developing economies. If successful, the scheme could be replicated in other regions to support achievement of the Global Methane Pledge objectives.
In the Commission’s Industrial Carbon Management Strategy it acknowledges the importance of CCUs, and that without it the EU will not succeed in its Green deal and Net Zero ambitions. [...]
The Recast Directive opens the single European railway area to competition. Competition is gradually emerging across the EU but there are obvious asymmetries among Member States, in particular in the [...]
As the 2021 EU urban mobility framework states, Europe is one of the most urbanised regions in the world with a huge variety of cities that are important economic and [...]
For decades, environmental degradation has been the focus of public opinion, academia, research centers, and institutions. This attention is motivated by increasing awareness of the severe ecological and socio-economic problems [...]
This policy brief, written in May 2024, provides an overview of the international carbon market landscape and describes the status quo in terms of the degree of its integration and [...]
The general objective of the report is to map – quantitatively and qualitatively – the main existing policy frameworks and strategies for sustainable development (SD) and sustainability transitions (ST) in [...]
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