Four ways climate policy continuity can contribute to a competitive and resilient EU

The briefing outlines how the EU can sustain its climate leadership following the June 2024 elections by linking emissions reductions to energy security, consumer cost savings, and industrial competitiveness. It highlights the success of the RePowerEU Plan in reducing Russian gas imports and notes that wind and solar power saved EU consumers approximately EUR 100 billion between 2021 and 2023. The document emphasizes that investing in green technology and implementing social safety nets, such as retraining programmes, will ensure the transition is competitive and inclusive.

• Climate action is strongly supported by EU citizens, with 77% of people in the EU viewing climate change as a "very serious problem" and 68.5% listing climate action as a top priority when voting in a pre-election survey.
• The RePowerEU Plan significantly enhanced energy security by reducing dependence on Russian fuels; EU gas imports from Russia dropped from 45% in 2021 to just 15% in 2023, and renewables accounted for 44% of electricity generation in 2023.
• The IMF found that climate measures aligned with the EU's Fit for 55 package—which targets at least a 55% emissions reduction by 2030 compared to 1990 levels—would improve energy security by nearly 8% over that period.
• Renewable energy has provided substantial cost savings for EU consumers, with the IEA estimating that wind and solar power replacing fossil fuels saved consumers around EUR 100 billion between 2021 and 2023.
• The IEA projects that if ambitious low-carbon measures are achieved, electricity prices in 2030 will be 22% lower for EU households and approximately 14% lower for EU industry compared to 2022 levels.
• The EU's Net Zero Industry Act aims to boost competitiveness and energy independence by ensuring that green technologies produced within the EU account for at least 40% of EU deployment by 2030.
• The green transition is expected to create up to 1 million new jobs in the EU by 2030, with high-skilled energy positions projected to grow by 6.6% per year and medium-skilled jobs by 7.8% per year between 2022 and 2030.

APA

Team, Z. (2024). Four ways climate policy continuity can contribute to a competitive and resilient EU. Zero Carbon Analytics. https://zerocarbon-analytics.org/policy/four-ways-climate-policy-continuity-can-contribute-to-a-competitive-and-resilient-eu/

Chicago

Team, ZCA. Four ways climate policy continuity can contribute to a competitive and resilient EU. Zero Carbon Analytics, 2024. https://zerocarbon-analytics.org/policy/four-ways-climate-policy-continuity-can-contribute-to-a-competitive-and-resilient-eu/.

Wikipedia

{{cite report |last1=Team |first1=ZCA |title=Four ways climate policy continuity can contribute to a competitive and resilient EU |publisher=Zero Carbon Analytics |date=11 June 2024 |url=https://zerocarbon-analytics.org/policy/four-ways-climate-policy-continuity-can-contribute-to-a-competitive-and-resilient-eu/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{team2024four, author = {Team, ZCA}, title = {{Four ways climate policy continuity can contribute to a competitive and resilient EU}}, institution = {Zero Carbon Analytics}, year = {2024}, month = jun, url = {https://zerocarbon-analytics.org/policy/four-ways-climate-policy-continuity-can-contribute-to-a-competitive-and-resilient-eu/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }