GHGs (greenhouse gases) emission reduction

Konstantinos Kounetas

Chapter 68 in Elgar Encyclopedia of Energy Economics, 2025, pp 261-264 from Edward Elgar Publishing

Abstract: The United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP) meetings, the European Commission, and initiatives by several countries and organizations have resulted in the adoption of several international agreements aimed at reducing greenhouse gas emissions. These agreements set targets for countries to reduce their emissions and establish mechanisms for reporting and verifying progress. However, achieving meaningful emissions and greenhouse gases reduction requires a multifaceted approach that considers the thorough study of trade, taxes, innovative technologies, industrialization, and economic growth effects and interactions. This includes implementing a combination of policies such as carbon pricing, regulations and subsidies to incentivize emissions reductions, promoting the adoption of clean technologies, fostering innovation and promoting sustainable practices across sectors. Additionally, international cooperation and coordination are essential to address global challenges such as climate change effectively.

Keywords: Emissions Reduction; Taxes; Taxes; Innovative Technologies; Economic Growth (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035310364
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