Category:ECON

ECON is the abbreviation for the European Parliament Committee on Economic and Monetary Affairs.

Lyon 2015 - Academic Power Shifts Forum

Participants at the youth conference in Lyon discussed the following topic in the ECON committee:

ECON I

The finances behind a “power shift”: Modernising energy systems and developing technical solutions bear high costs and financial risks for public and private investors as well as consumers. Should the costs for projects and reforms be shared among public and private stakeholders and if so, how? What steps should the EU take in order to ensure that all goals set up in the 2030 Energy and Climate Framework are adhered to by both public and private investors?

ECON II

With the 2030 Energy and Climate Framework Member States are committed to a reduction in greenhouse gas emissions of 40%, a 27% increase of renewable energy sources in the EU’s energy mix and an increase of energy efficiency by 27-30% by 2030. Yet this energy transition is only binding on an EU level and Member States' willingness to translate these targets in national strategies differs widely. In light of the recent proposal for an "Energy Union", how can the EU promote a homogeneous energy transition which is compatible with Member States’ needs for economic growth and fulfilling all targets set until 2030 and beyond?