Distributing the European Union Greenhouse Gas emission 2030

Abstract

Due to the challenge of global warming, the European Union (EU) signs the Paris agreement (2015) to diminish the total Greenhouse Gas (GHG) emission. Nonetheless, the European Environmental Agency report (EEA, 2019) shows that EU cannot achieve its 2030 target since in the long-term the GHG emission of member states exceed the target emission budget. We propose to distribute the EU 2030 target emission budget among its member states to keep them in the path leading to this year. In doing so, we apply the claims problems approach which is a method to divide a scarce resource among claimants with larger cumulative claims. Keywords: Claims problems, Bankruptcy problems, Paris agreement, Climate change