Macroeconomic perspectives of a low-carbon EU energy system
On 11 October, there will be an online workshop presenting macroeconomic perspectives of a low-carbon energy system. The event is designed for policymakers and modellers who wish to know more about the economic implications of transitioning to a low-carbon energy system. Some of the topics touched will be:
- Effects of the decarbonization policies on the development of the EU economy: what are the possible developments of key macroeconomic indicators such as GDP and economic output per sector? What will be the impact on the demand and prices of commodities under the four low-emission scenarios examined by openENTRANCE?
- Cross-model results comparison: Are the quantifications of the openENTRANCE scenarios coherent across different economic models? Where are the main differences and similarities?
- Drivers and Barriers to decarbonization: Which aspects of the openENTRANCE scenarios impact more on the main economic indicators? What is the impact of taxes and subsidies to foster an effective decarbonization process?