Effort Sharing Regulation
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The Effort Sharing Regulation is a policy framework, part of the European Union climate and energy package. It sets binding national greenhouse gas targets for each of the 27 Member States of the
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been de ...
, collectively amounting to a 30% cut in emissions by 2030 (from a 2005 baseline). Its predecessor, the Effort Sharing Decision, covered the years up to 2020 which collectively amount to a 10% cut in emissions between 2005 and 2020. These cuts cover the areas such as transport, infrastructure, agriculture, and waste. It is the companion policy to the
European Union Emissions Trading System The European Union Emissions Trading System (EU ETS) is a "cap and trade" scheme where a limit is placed on the right to emit specified pollutants over an area and companies can trade emission rights within that area. It covers around 45% of th ...
, which covers emission cuts in power and industry.


Discussion

As the starting level of the reduction is actually too high, in the end a reduction of only 25.5% will be achieved, not the desired and declared 30%.


References

Climate change in the European Union Energy in the European Union Energy policy {{EU-stub