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CEU Budapest-Policy Lab Report for HFHI
The European Union’s energy use is, in more than one respect, a double edged sword. In 2014, the EU was the world’s largest economy with the third highest energy consumption. However, this prosperity does not come without significant costs. Rising levels of atmospheric greenhouse gases generated by human activity are causing devastating environmental changes across the planet. Additionally, the international market for energy has become increasingly convoluted. Developing nations are driving up the demand for fuel and energy supplying nations are increasingly using their resource oligopolies to influence global affairs. Because of this, the leaders of the EU have sought the necessary steps to mitigate these dangers by improving their countries’ energy efficiency and promoting renewable energy production.
The Energy Union will affect not only the European Union, but the rest of Europe as well. This report will investigate and summarize how the Energy Union will impact residential energy efficiency for three country classifications: EU Member States, EU Accession States, and Eastern Partnership States. Residential energy efficiency is a crucial topic for the Energy Union as residential housing continues to be a major source of energy consumption in the EU. This falls directly in line with Habitat for Humanity’s international mission of advancing residential energy efficiency.
Read more about the study here.