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European energy policy

Energy

The Treaty of Lisbon places energy at the heart of European activity. It effectively gives it a new legal basis which it lacked in the previous treaties (Article 194 of the Treaty on the Functioning of the European Union (TFEU)).
The aims of the policy are supported by market-based tools (mainly taxes, subsidies and the CO2 emissions trading scheme), by developing energy technologies (especially technologies for energy efficiency and renewable or low-carbon energy) and by Community financial instruments. Furthermore, in December 2008 the EU adopted a series of measures with the objective of reducing the EU’s contribution to global warming and guaranteeing energy supply.

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