Back to Search
Start Over
A multi-model analysis of the EU's path to net zero
- Publication Year :
- 2023
-
Abstract
- The European Union (EU) recently ratcheted its climate ambition to net-zero emissions by 2050, with a milestone of 55% emissions cuts in 2030. This study carries out a model inter-comparison to assess the EU's path, from “Fit for 55” in 2030 to an intermediate milestone in 2040 and onto net zero in 2050, offering insights at sectoral and member-state levels. Our model results support the bloc's ambition for its Emissions Trading System and Effort Sharing Regulation sectors while pointing to the need for near-complete decarbonization of electricity by 2040, enabled by considerable deployment of renewables (45%–65% in 2030, to 60%–70% in 2040, and to 75%–90% in 2050 in electricity generation) and carbon capture and storage (0.5–2 GtCO2/year by 2050). We also highlight the trade-offs between supply-side and harder-to-abate sectors, assess the ambition of member states for net zero and timing of coal phaseout, and reflect on the economic implications of investment, technical, and policy needs. © 2023 The Author(s)
Details
- Database :
- OAIster
- Notes :
- All authors acknowledge support from the H2020 European Commission Project PARIS REINFORCE (grant no. 820846 ). A.N., D.-J.v.d.V., S.M., A.G., H.D., K.K., A.E., A.C., M.G., M.V., S.P., B.B., P.L.-M., and P.Z. also acknowledge support from the Horizon Europe R&I programme project DIAMOND (grant no. 101081179 ). A.N., D.-J.v.d.V., S.M., A.G., H.D., and K.K. further acknowledge support from the Horizon Europe R&I programme project IAM COMPACT (grant no. 101056306 ). The content of this paper does not necessarily reflect the opinions of the European Commission , and the responsibility for it lies solely with its authors., English
- Publication Type :
- Electronic Resource
- Accession number :
- edsoai.on1430742311
- Document Type :
- Electronic Resource