Economy
23:20 20 July 2021
Post by: WBJ

Climate neutrality to be expensive for Poles

Climate neutrality to be expensive for Poles
Source: eNewsroom

Striving for climate neutrality is connected with the fact that, as a society, Poles will have to bear the costs. However, inaction also comes with costs – only less visible. The proposal made last year by the European Commission is to extend the Emissions Trading System (ETS) to other sectors – in addition to industry and energy, also to transport and construction. Together, both these sectors are responsible for approx. 3/4 of the emissions in the European Union, and the reduction in these sectors takes place very slowly or almost not at all. For example, in the construction sector, only a 1 percent improvement in energy efficiency is assumed each year. Moreover, it is said that 3/4 of the buildings are energy inefficient. In turn, in transport, compared to 1990, emissions increased by over 20 percent. There are difficulties in reducing emissions in these two sectors. However, to meet the European climate goal-achieving climate neutrality by 2050 – construction and transport will also need to be reduced. For this reason, there was an option to extend the ETS. It involves costs for households – in particular for those who use fossil fuels for transport and heating.

"Road transport is responsible for 3/4 of emissions in transport, and residential buildings in construction. Unfortunately, the dirtiest fossil fuels are used in households with the lowest income. Therefore, the expenses of these households for transport would increase by several dozen percent, and for heating by 108 percent. For this reason, PIE – in cooperation with Cambridge Econometrics and RCST – prepared a report which showed the scale of the problem and proposed solutions to protect the poorest from these additional costs," Magdalena Maj, energy and climate analyst at the Polish Economic Institute ( PIE), said.

(eNewsroom

ec
pie
climate neutrality
ets
magdalena maj

More News

lifestyle

LifeStyle
15 hours ago

NENT Group announces first Polish Viaplay Originals

LifeStyle
14 days ago

'I am afraid of the fourth wave of the pandemic and I would not like to repeat the scenario we know about': Tomasz Kammel

LifeStyle
26 days ago

‘I can't wait to get to know my competitors in the Miss World competition in person’: Karolina Bielawska

LifeStyle
1 month ago

Women of Business for mothers of terminally ill children

Book of Lists

Book of Lists
7 months ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
1 year ago

25th jubilee edition of Book of Lists – project start

advertisement