January 30th, 2014

Europe still sets the standard for a low-carbon future

Climate Change & Environment

Economics & Politics

Three cheers for the new EU energy policy for 2030. While last week’s announcement was criticised by some observers as a retreat on clean energy (and praised by some businesses for the same alleged reason), it was no retreat at all. The EU maintains its global leadership in pointing the way out of the climate-energy morass. The new goals are sound but will require considerable diligence to implement.

The EU remains the only region of the world to take seriously the world’s commitment to keep global temperatures from rising more than 2C. The 2C target implies a steep decline in carbon-dioxide emissions, and hence a fundamental transformation of the world’s energy system by the middle of the 21st century. The European Commission’s Energy Roadmap 2050 framework adopted in 2011 stands out as a unique contribution to that goal.

Read the full article at: Financial Times



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