The European Commission has recently presented its new European Union (EU) framework on climate and energy for 2030. The key components will be a reduction in greenhouse gas (GHG) emissions to 40% below 1990 levels, an EU-wide binding target for renewable energy of at least 27%, renewed ambitions for energy efficiency policies, and a new governance system and set of indicators to ensure a competitive and secure energy system. Read more…
The framework aims to drive continued progress towards a low-carbon economy and a competitive and secure energy system. This will ensure affordable energy for all consumers, increase the security of the EU’s energy supplies, reduce the EU’s dependence on energy imports, and create new opportunities for growth and jobs. Underpinned by a detailed analysis of energy prices and costs, the framework will provide regulatory certainty for investors and a coordinated approach among Member States. Energy Commissioner, Günther Oettinger, stated that the 2030 framework represents a “drive for progress towards a competitive low-carbon economy, investment stability and security of energy supply”.
The centrepiece of the framework is the 40% GHG target reduction below 1990 levels, which would be met through domestic measures alone. José Manuel Barroso, EC President, said the target is “the most cost-effective milestone in our path towards a low-carbon economy”. The EU-wide binding renewable energy target will also play a key role in the transition towards a competitive, secure and sustainable energy system. This will be driven by a more market-oriented approach with favourable conditions for emerging technologies. Barroso commented on the significance of the target, stating it would “give stability to investors, boost green jobs and support our security of supply.”
The framework builds on the existing climate and energy targets for 2020, in addition to the Commission’s 2050 roadmaps for energy and a competitive low-carbon economy. It constitutes the next step in reaching the EU’s current climate and energy objective, namely reducing GHG emissions by 80-95% below 1990 levels by 2050.
Find more info: