1/7 How can the #EU and Member States boost energy savings through effective, socially balanced policy measures? Our latest Policy Paper “Demand-side solutions to address energy shortages” is out now zoe-institut.de/en/publication…
2/7 Uncertainty about the supply of #Russiangas is challenging the EU to manage without Russian energy sources. The debate, however, lacks consideration of inclusive #demandside measures that can reduce energy consumption while supporting the EU’s long-term #GreenDeal objectives.
3/7 We have set out the potential of demand-side policies to contribute to meeting a possible energy supply deficit in the scenario of an import ban on Russian energy sources. We show that rapid #energysaving measures are possible and they can have lasting effects.
4/7 We have derived a policy design framework that gives guidance on “how” and the “what” of demand-side measures to reduce final #energyconsumption.
5/7 We propose certain #energysaving measures for Member States in the short term that make a substantive contribution to reduction of energy consumption. Other measures such as speed limits, incentivising #remoteworking, & limiting #businesstravel can also have positive effects.
6/7 The European Commission’s #REPowerEU plan aims to ensure energy security in the Union. We recommend that within #REPowerEU, the Commission launches an Inclusive Energy Savings Initiative that coordinates and supports Member States' efforts to cut down demand for #Russiangas.
7/7 We propose that Member States have to hand in National Energy Saving Plans (NESPs) by October 2022. The aim of NESPs is to introduce demand-side measures with short-term effects on reducing demand for #energy and gas as fast as possible.
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We start from the observation, that the #EU is confronted with a proliferation of dashboards. They provide neither a narrative that is compelling, visually attractive and easy to understand nor a #political summary to monitor developments towards #BeyondGDP (2/9)
We take inspiration from #DoughnutEconomics to close this gap. The Doughnut shows overshoots of planetary boundaries (outer ring) & shortfalls on #social foundations (inner ring). Challenge of the century is to get into green ring: a #safe & just space for #humanity & #EU (3/9)
The political momentum for reforming the #EU 🇪🇺 #fiscal framework is larger than ever. We are excited to share our freshly published feasibility & impact analysis of the reform proposals with you: zoe-institut.de/en/publication… (1/15)➡️
Recovering from the #pandemic and simultaneously achieving #environmental, #social and #economic goals requires large amounts of public funding and therefore ample #fiscal flexibility for #EU member states. (2/15)
And with all eyes on #COP26 this week, and the discussion about the scale and pace of investment for #ClimateAction high on the agenda, the discussion about how to create the fiscal flexibility for investments such as these has never been more timely (3/15)