February 07, 2018
Latham & Watkins’ Brussels office recently hosted a talk — EU Policy Brief on Climate Action and Energy: In Conversation with Commissioner Miguel Arias Cañete — which highlighted current developments in EU climate action and energy policy and provided insights on climate change policy following the Paris Agreement.
The panel, which also included London partner Paul Davies, Madrid partner Antonio Morales, and Madrid associate Rosa Espin, discussed a number of key topics, including the implementation of the Paris Agreement and the likely framework of the EU's energy and climate change policy over the next decade.
The Commissioner emphasized the magnitude of change that will be required to achieve the goals set out in the Paris Agreement and for the EU to achieve its own goals for 2030 and 2050 — including the reduction of greenhouse gas emissions by 40% by 2030 and to achieve nearly 100% clean energy by 2050. In light of these ambitious goals, the Commissioner noted that gas will be an important fuel source in transitioning to a low carbon economy, and he expects such decarbonisation to have material impacts on the wider global economy.
Prior to becoming Commissioner, Mr. Arias Cañete held a position within the Spanish Government as Minister of Agriculture and Fisheries from 2000 – 2004 and as Minister of Agriculture, Food and Environment from 2011 – 2014.