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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 4. Case Study: Spain 219<br />

baseline emission scenarios, the marginal abatement cost curves and the<br />

starting-point (2010) emissions. In particular for Spain, the choice of the starting<br />

point emissions (either the Kyoto targets (as assumed here), or the baseline<br />

emissions) can significantly affect Spain’s 2020 targets even more than the<br />

regime or the agreed EU reduction objective 1 . Therefore care must be taken in<br />

interpreting the conclusions with respect to regimes on the basis of the<br />

quantitative outcomes presented.<br />

3.3.3.2 Implications on Spain of EC’s effort sharing proposal (January 2008)<br />

On January 2007 the European Commission (EC) adopted an energy and<br />

climate change package, which included:<br />

- an independent EU commitment to achieve a reduction of at least 20% in<br />

the emission of greenhouse gases by 2020 compared to 1990 levels and<br />

the objective of a 30% reduction by 2020, subject to the conclusion of a<br />

comprehensive international climate change agreement;<br />

- a mandatory EU target of 20% renewable energy (RES) by 2020 including<br />

a 10% biofuels target.<br />

On 23 rd January 2008, the EC proposed a set of key policy proposals that are<br />

closely interlinked, including how efforts could be shared among Member<br />

States to achieve these targets.<br />

The energy and climate change package can be implemented in different<br />

ways. The GHG reduction commitments for the EU ETS, sectors not covered by<br />

the EU ETS and the RES targets would be allocated ex ante on a cost efficient<br />

way; but this would imply disproportionate costs for the Member States with a<br />

GDP per capita below EU average.<br />

1 As Spain is far from achieving its Kyoto target, to assume that in 2010 its emissions will be at the<br />

Kyoto target level (+15% compared to 1990) would be unrealistic. This could be overcome by choosing a<br />

different base year than 1990, such as the one used in the Commission’s proposal – year 2005.<br />

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

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