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Transformative targets in sustainability policy making: the case of the 30% EU mitigation goal

Author

Listed:
  • J. David Tabara

    (ICTA - Institut de Ciencia i Tecnologia Ambientals - UAB - Universitat Autònoma de Barcelona = Autonomous University of Barcelona = Universidad Autónoma de Barcelona)

  • Diana Mangalagiu

    (RMS - Reims Management School)

  • Roland Kupers

    (Smithschool of Enterprise and the Environment - University of Oxford)

  • C. Jaeger

    (PIK - Potsdam Institute for Climate Impact Research)

  • Antoine Mandel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Leonidas Paroussos

    (NTUA - National Technical University of Athens [Athens])

Abstract

This paper explores to what extent moving towards the 30% GHG emission reductions by 2020 with respect to 1990 in the EU can be considered a transformative target. To do so, we first define the concept of transformative targets from a complex systems perspective and show a novel approach and original results using an extended application of the GEM-E3 model. Traditional macroeconomic models cannot easily handle key synergetic system effects derived from green growth and sustainability policies, and thus require additional features. We analyse the role of semi-endogenous growth driven by learning-by-doing and low-carbon investment expectations following a long-term transformative trajectory.

Suggested Citation

  • J. David Tabara & Diana Mangalagiu & Roland Kupers & C. Jaeger & Antoine Mandel & Leonidas Paroussos, 2013. "Transformative targets in sustainability policy making: the case of the 30% EU mitigation goal," PSE-Ecole d'économie de Paris (Postprint) halshs-00744937, HAL.
    • Handle: RePEc:hal:pseptp:halshs-00744937
    DOI: 10.1080/09640568.2012.716365
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    Cited by:

    1. Jaeger, Carlo, 2015. "The coming breakthrough in risk research," Economics Discussion Papers 2015-65, Kiel Institute for the World Economy (IfW Kiel).
    2. Stanislao Gualdi & Antoine Mandel, 2019. "Endogenous growth in production networks," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 91-117, March.
    3. Jochen Hinkel & Diana Mangalagiu & Alexander Bisaro & J. David Tàbara, 2020. "Transformative narratives for climate action," Climatic Change, Springer, vol. 160(4), pages 495-506, June.
    4. Vaninsky, Alexander, 2014. "Factorial decomposition of CO2 emissions: A generalized Divisia index approach," Energy Economics, Elsevier, vol. 45(C), pages 389-400.

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