A report backed by Greenpeace and the European Renewable Energy
Council finds the European Union could generate trillions of dollars in
fuel savings by looking beyond goals mandated for 2020. Campaigners said
greater investments for things like wind and solar power, coupled with a
slow move away from things like coal, could make the region nearly
carbon-free by 2050. On the other side of the Atlantic, however,
officials have expressed reservations about being forced into a
low-carbon economy, highlighting the green divide among western powers.
The European campaign groups, in a report highlighting an "Energy (R)evolution," call on European leaders to move in favor of renewables and energy efficiency instead of fossil fuels or nuclear power. The group states that every time oil prices increase by $1, Europeans wind up paying more than $500 per month. That, they say, could drop by half by 2030 if leaders embrace a comprehensive green energy future.
Frederic Thoma, the EU energy policy adviser at Greenpeace, said the region is approaching "a crucial crossroads" in 2020, the benchmark for existing mandates.
"What we need now is a firm commitment at EU level to maintain the continent’s renewables revolution," the campaigner said in a statement.
EU member states have agreed to cut their carbon footprint by 20 percent, improve energy efficiency by 20 percent and get 20 percent of their energy from renewable energy resources by 2020. Greenpeace and EREC said a good place to start after 2020 would be a 45-percent green benchmark by 2030. The entire EU, they said, could be nearly carbon-free by 2050 given enough political will.
Read more: http://oilprice.com/Alternative-Energy/Renewable-Energy/The-U.S.-EU-Green-Energy-Divide.html
The European campaign groups, in a report highlighting an "Energy (R)evolution," call on European leaders to move in favor of renewables and energy efficiency instead of fossil fuels or nuclear power. The group states that every time oil prices increase by $1, Europeans wind up paying more than $500 per month. That, they say, could drop by half by 2030 if leaders embrace a comprehensive green energy future.
Frederic Thoma, the EU energy policy adviser at Greenpeace, said the region is approaching "a crucial crossroads" in 2020, the benchmark for existing mandates.
"What we need now is a firm commitment at EU level to maintain the continent’s renewables revolution," the campaigner said in a statement.
EU member states have agreed to cut their carbon footprint by 20 percent, improve energy efficiency by 20 percent and get 20 percent of their energy from renewable energy resources by 2020. Greenpeace and EREC said a good place to start after 2020 would be a 45-percent green benchmark by 2030. The entire EU, they said, could be nearly carbon-free by 2050 given enough political will.
Read more: http://oilprice.com/Alternative-Energy/Renewable-Energy/The-U.S.-EU-Green-Energy-Divide.html
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