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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 4. Case Study: Spain 188<br />

- a proposal for a Directive promoting renewable energy, to help achieve<br />

both of the above emissions targets.<br />

Other proposals that are also part of the package include a proposal for a<br />

legal framework on carbon capture and storage, a Communication on the<br />

demonstration of carbon capture and storage and new guidelines for<br />

environmental state aid.<br />

This Section is structured as follows:<br />

• First, two major types of options for EU burden-sharing and ETS<br />

allocation beyond 2012 are introduced in Section 3.2, together with six<br />

EU burden-sharing approaches (most of them already introduced in<br />

Chapter 2). The Commission’s proposal – 23 rd January 2008 – for EU<br />

internal effort sharing will be further discussed in Subsection 3.2.1.<br />

• Then, in Section 3.3, methods for allocating the EU reduction objectives<br />

(20% unilateral or 30% multilateral) are explored, in order to analyze the<br />

implications – costs, reduction efforts and distributional effects – of the<br />

various approaches on Spain. The results used are the ones presented by<br />

den Elzen et al. (2007b); they use the FAIR 2.1 modeling framework.<br />

• Finally, in Section 3.4, the results will be further discussed and compared<br />

to the Commission’s proposal for EU internal effort sharing; always<br />

regarding the implications on Spain.<br />

3.2 Options for post-2012 EU burden-sharing and ETS allocation<br />

The purpose of Section 3 is to identify the implications for Spain, in<br />

quantitative terms – i.e. abatement costs and emission allowances – depending<br />

on the approach or methodology used for distributing the EU-assigned amount<br />

of emission allowances at the national or sector level, as discussed below for the<br />

various types of options for EU burden-sharing and ETS allocation (post-2012).<br />

Escuela Técnica Superior de Ingeniería ICAI <strong>Carmen</strong> <strong>Bunzl</strong> Boulet Junio 2008

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