Article - August 6, 2018
This paper aims at: i) providing a summary of the key elements of the European INDC as submitted for the Paris COP21 and ii) examining the energy, economic, climate and social implications of the implementation of the European INDC up to 2030 and the long-term objectives towards a low-carbon economy by 2050, for which no detailed policies are yet in place.
Results from quantitative model-based assessments show that the restructuring of the EU energy system towards a low-carbon economy implies significant changes in the energy mix away from Reference scenario trends and has impacts on the production and employment in all economic sectors.