Reductions in greenhouse gas emissions need to accelerate
Energy, transport, and agriculture account for a large share of emissions
The ETS price has risen recently
Biomass accounts for a large share of renewable energy supply
Fossil fuels benefit from a favourable tax treatment
The effective carbon price is relatively high
Carbon pricing differs considerably across sectors and countries
Capital markets are less developed than in peer economies
Venture capital remains relatively low
Agricultural emission reductions have stalled
The effective carbon price in agriculture is relatively low
Agricultural income support remains high despite a growing trade surplus
Energy consumption remains heavily reliant on fossil fuels
Government support for renewables remains high and mostly benefits solar and wind
Lengthy permitting processes slow down the deployment of renewables
Retail prices for electricity differ across EU countries
Cars are the main source of emissions in the transport sector
The carbon-intensity of electric cars depends on the electricity mix of the country of production
Vacancies and wage premia in green jobs are high
Labour market churn is low on average
Occupational entry barriers remain high