A new report out today shows that the European Union could benefit from €200 billion net savings per year providing it gets on track to meeting its stated 20% by 2020 energy savings target .
The report written by Ecofys and commissioned by Friends of the Earth Europe and Climate Action Network Europe also looks to 2030 and finds that net savings in the order of €250 billion per year could be achieved if the EU reduces its energy use by roughly 35% below 2005 levels by 2030.
Members of the European Parliament’s environment committee voted today in favour of a proposal to delay the introduction of permits into the EU Emissions Trading System.
The proposal, referred to as ETS ‘backloading’, is designed to increase the carbon price and help make the scheme more effective in driving emissions reductions. But over-reliance on this failing scheme is a dangerous distraction from more effective action against climate change, according to Friends of the Earth Europe.
Activists satirised the Polish government’s blocking of progress on necessary climate action. Dressed as coal industry lobbyists, our activists offered free Polish coal to participants on their way to the European Council's Working Party on International Environment Issues.
Reliable sources at the European Commission's energy department paint a gloomy picture of EU climate and energy policies for 2030.
Key decisions will be taken in November. But it seems many top Commission officials just want a CO2 target or possibly a renewables target as well. As things stand now, there's not much support for a target to reduce energy consumption.
This is a serious mistake. We need all three.
This week the EU Parliament will vote on the Energy Efficiency Directive, with the Council due to follow in October. Both votes are expected to be a formality – no-one wants another row over the text.
But before savings from the Directive can actually begin in 2014, the Commission and member states must work out the exact requirements it sets. Make no mistake: this process may be just as tough as the political negotiations on the text of the Directive.
A European Parliament committee vote tomorrow (Wednesday July 11), with a major bearing on EU budget spending for the 2014-2020 period, must reject the re-classification of fossil fuels as 'low-carbon', urged environmental groups today.
Failure to do so would permit these drivers of climate change to be awarded potentially billions of euros of EU taxpayers' money intended solely for energy efficiency and renewable energy, say CEE Bankwatch Network and Friends of the Earth Europe.
Europe’s energy ministers have reached a compromise on improving energy efficiency in Europe. This follows months of negotiations with the European Parliament. The compromise deal is a welcome step, but lacks ambition and is too weak to fully realise the EU's agreed 20% energy savings target according to Friends of the Earth Europe.
Spain ranked worst out of six countries reviewed for overall performance in the negotiations around energy efficiency, in a new ranking launched today by CAN-Europe and Friends of the Earth Europe. The ranking is based on the performance and ambition of member states negotiating the European Union's Energy Efficiency Directive. Spain ranked worst for ignoring the boost that investment in energy savings would give to its ailing economy.
Many are suggesting that it is for the EU Parliament to make concessions on the Energy Efficiency Directive dossier. This downplays the EU Council's underhand negotiating tactics, especially on the centrepiece 1.5% annual savings target.
The European Union could benefit from over €200 billion net savings per year through energy efficiency measures, according to new research released by Friends of the Earth Europe and Climate Action Network Europe today. The research concludes that for every Euro saved through reduced energy use, businesses and consumers save an additional Euro as energy efficiency measures drive down energy prices.