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PERFORMANCE OF THE EUROPEAN UNION IN THE FIELD OF RENEWABLE ENERGY SOURCES

Paul Calanter

Euroinfo, 2021, vol. 5, issue 1, 67-78

Abstract: The use of renewable energy sources (RES) has many potential benefits, including a reduction in greenhouse gas emissions (GHG), diversification of energy supply and less dependence on fossil fuel markets. Increasing the use of RES can also boost employment in the European Union (EU) by creating jobs in 'green' technologies. Therefore, the promotion of RES is one of the objectives of the Union's energy policy. The intensification of the use of RES is an important component of the package of measures needed to reduce GHG emissions and meet the Union's commitments under the ParisAgreement. This article aims to analyse the state of fulfilment of the European Union's objectives on the share of RES as a whole and in three consumption sectors, namely electricity, heating and cooling and transport.

Keywords: renewable sources; policies; greenhouse gas emissions; climate changes (search for similar items in EconPapers)
JEL-codes: Q51 Q54 Q58 (search for similar items in EconPapers)
Date: 2021
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