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EN
This article is based on documents and legal acts of the EU institutions which are essential for the functioning of the European Energy Programme for Recovery. It also provides the legal basis and assumptions of the EU common energy policy. Important aspect addressed in this paper is the efficiency and the level of integration of European gas market and ways to ensure a secure supply of raw materials, which are combined with investments in infrastructure. In this context there is a significant need to set up works on the development of the internal network and interconnections. This article also reveals the importance of the European Energy Programme for Recovery as a useful tool tailored to the objectives of the discussed legislations that allows progress in key European investment projects.
EN
China is planning to develop a green energy sector. Their activities plan to change the energy balance mainly dependant on coal. During the next five years Beijing would like to promote the use of clean energy and an increase in the share of non-fossil fuels in primary energy consumption. The future modernization of the state economy should consider more alternative sources of energy. It is necessary to achieve sustainable development and to increase the state of economy competitiveness.
EN
The paper examines driving forces of CO2 emissions of four sectors of the Slovak economy. Our analysis was based on extended Kaya Identity framework using Logarithmic Mean Divisia Index (LMDI) decomposition technique. We applied chaining analysis for period 1997 – 2012 and examined contributions of six effects. We found the primary mover of CO2 emissions to be energy intensity effect (52%) followed by activity effect 25%) and economy structure effect (16%). The combined contribution of energy mix effect, emission factors effect and population effect reached only approximately 7%, which implies that as much as 93 % CO2 emissions were determined to large extent by exogenous impetuses. Our evidence therefore suggests that the policies aimed at structural changes of economies are the most effective tool to address issue of CO2 emissions.
EN
The need to establish a common energy policy capable of providing guarantees for both energy security and energy solidarity among member states stems from provisions of the Treaties establishing the EU. However it took relatively long time until there was a will to implement this ideainto practice. Together with the Lisbon Treaty energy policy of the EU acquires new dimension, where Article 194 TFUE provides a legal basis for development of a common energy policy in the spirit of solidarity among member states. The fi rst signifi cant act after the Lisbon reform, that sought to achieve the objective of energy supplies security in the EU is regulation 994/2010/EU.
EN
Crude oil and natural gas, as energy carriers forming the basis of European Union countries energy mix, are nowadays at the heart of policy measurements aiming at lowering their consumption with respect to environmental and security threats associated with them. In this article we used Granger causality test in order to examine whether there exists the possibility of negative consequence related to the implementation of such policy for economic development of the EU countries. Based on results we conclude the persistence of continuing existence of environmental risks in relation to restarting economic growth. The absence of more significant influence of oil and gas consumption on economic growth can be perceived positively.
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