Abhatoo - Centre Nationale de Documentation

This paper sets out a possible way forward for European energy and climate policy. Section 1 discusses the economic fundamentals, and particularly the trends in commodity prices and in technology. Given this background, section 2 considers the conceptual framework and how the policy instruments can be designed to meet the objectives and targets. This builds on the preceding paper1. Sections 3, 4 and 5 deal respectively with each of the main policy elements – security, climate and affordability. Section 6 considers the next steps and the policy options facing Europe.