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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 4. Case Study: Spain 212<br />

% change compared to 1990 levels<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

-10<br />

-20<br />

-30<br />

-40<br />

Reduction targets for the non-ETS sector (Spain)<br />

EU 20% EU 30%<br />

A1. Marginal abatemet costs<br />

A2. Per capita convergence<br />

B1. Marginal abatemet costs<br />

B2. Per capita convergence<br />

B4. Grandfathering<br />

C1. Marginal abatemet costs<br />

C3. Triptych<br />

Baseline<br />

Figure 4 - 26. Spain’s reduction targets for the non-ETS sector for the six considered allocation<br />

approaches for ‘EU 20% unilateral with/without CDM’(left) and ‘EU 30% in a multilateral regime’.<br />

The Commission proposed to use GDP/capita as the main criteria when<br />

setting the non-ETS targets for Member States. Here, that approach is not<br />

considered. Spain’s GDP/capita is at the same level than the EU average,<br />

therefore having a GHG reduction target of –10% compared to 2005, which<br />

would be similar to a growth compared to 1990 levels. It is logical that all the<br />

approaches considered here allow Spain a growth target. The approach selected<br />

by the EC to achieve a reduction of 20% is first based in cost-efficiency (burden<br />

sharing the EU overall cap between ETS and non-ETS sectors), therefore would<br />

have to be similar to Marginal abatement costs approaches (a growth target of<br />

30% compared to 1990 levels).<br />

3.3.2.4 Emission allowances<br />

The reductions for all GHG emissions (ETS and non-ETS sector) show a wide<br />

range for the various allocation methods, even growth targets for most of<br />

them 1 .<br />

1 Even though there will eventually not be specific national targets for the sectors covered by the EU<br />

ETS, they are considered here as a way to have an idea of the level of effort required.<br />

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

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