EU28 needs to slash CO2 with job-creating innovation
At a hearing of the Committee on the Environment, Public Health and Food Safety, members of national Parliaments gave their input on a roadmap towards an innovative low-carbon, resource-efficient Europe. What should be a win-win proposition if done right.
Giovanni La Via, of the EPP Group, chairs the committee.
All the national parliaments are involved in the process. 1:38
It is important also that in the next five months we are going also to have green diplomacy. And we need to have better exchange with all the member states for arriving at the end of the year, for having a good agreement in Paris.
The EU's so-called 20-20-20 plan calls for a 20% cut in CO2 and other greenhouse gases by 2020.
The European Commission's Roadmap for a competitive low-carbon economy by 2050 calls for an even bigger cut: 80% by that year. It's estimated that will require 270 billion euros in investment annually, or about 1.5 of GDP. How to do that?
It is clear that we cannot reduce the competitiveness of our industrial system. But we have to introduce more innovation for reducing emissions and having good competitiveness of our industries.
The roadmap will be easier for some EU member states, more difficult for others which depend more heavily on coal and other carbon-based energy.
Miguel Cañete, EU Commissioner for Climate Action & Energy, is a member of the EPP.
We are innovating in a permanent way, we are having the leadership in renewables. And now we must also solve the problems of carbon capture and storage so we can conciliate opposing interests. So through innovation, through ambitious commitments and through having a leadership, a global leadership in the fight for climate change, the European Union is showing the way to other countries, and other groups of countries to be also ambitious in the COP21 in Paris.
After all, it's the member states that will have to carry out what's agreed on in Paris.
The key behind all this is to see how the EU28 can cooperate to show leadership and reach the global climate change objective. That is, limiting global warming to 2 degrees Celsius above pre-industrial levels, or face potentially catastrophic consequences.
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