EU ENERGY TARGETS ACHIEVABLE SAY ENERGY ASSOCIATIONS – BUT MAJOR INVESTMENTS ARE REQUIRED
July 1st, 2021
EUROPEAN energy experts say the European Union (EU)’s green energy targets within a new climate law to cut carbon emissions at least 55% by 2030 compared to 1990 levels will be challenging but achievable. It is a significant steepening of ambition compared to the EU’s existing legislation, reducing emissions by at least 32.5% by 2030 from 1990 levels. (1)
Industry associations say they are also keen to meet an EU climate neutrality-by-2050 goal. The European Association for Electromobility (AVERE) says this target is an “existential necessity”. However, ...
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