A just net-zero energy transition for Europe: evaluating pathways
The talk addresses two issues: a just effort sharing distribution across countries and a comparative evaluation of various pathway options within countries.

On the former, the European Commission has suggested a differentiated effort sharing allocation among countries, based primarily on a capability criterion. We show that additional consideration of the equally relevant principles of responsibility and equality does shift reduction targets, sometimes significantly so. Such further considerations might increase buy-in from countries which up to now may not have agreed with an approach emphasizing capability as the only relevant factor in carbon budget allocation.

For implementation within the countries of Europe, we develop socio-political derived net-zero energy pathways, implement them in a bottom-up energy model and evaluate them in an aggregate socio-economic model. For the Member States of the EU, UK and South Eastern European countries we find that a people-powered storyline dominates more centralized approaches in various dimensions, including overall welfare, but the extent to which this occurs differs across time and countries.
Date: 5 May 2022, 14:00 (Thursday, 2nd week, Trinity 2022)
Venue: Manor Road Building, Manor Road OX1 3UQ
Venue Details: Seminar Room G and online via Zoom (please register to attend both in person or virtually)
Speaker: Prof Karl W. Steininger (Wegener Center for Climate and Global Change, University of Graz)
Organising department: Institute for New Economic Thinking
Organiser: Susan Mousley (INET Oxford Admin Team)
Organiser contact email address: events@inet.ox.ac.uk
Part of: INET Oxford Researcher Seminars
Booking required?: Required
Booking url: https://us02web.zoom.us/meeting/register/tZApfuyuqT4uEte1vXYpoSrCIuSo_cdGJfjL
Audience: Public
Editor: Susan Mousley