EU Parliament’s 2030 Targets Could Reduce Emissions Up to 54 Pct

EU Parliament’s 2030 Targets Could Reduce Emissions Up to 54 Pct

The resolution of the European Parliament of 5th February 2014, supporting a 30% share of renewables in final energy consumption by 2030 and a 40% energy savings target (“30%/40% target”) is likely to lead to greenhouse gas emission reductions in 2030 in the range between 45% and 54% compared to 1990 levels.

This is estimated by Ecofys commissioned by Friends of the Earth. The resolution itself states a minimum greenhouse gas emissions reduction target of 40%, compared to 1990 levels.

EU Parliament’s 2030 Targets Could Reduce Emissions Up to 54 Pct
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Earlier, the European Commission had made a proposal for supporting a 27% share of renewables in final energy consumption and 25% energy savings and at least 40% reduction in GHG emissions by 2030. These targets were labeled as non-ambitious by the industry, but the EU Parliament’s support gave another push forward to the renewables.

Press release, February 19, 2014; Image: europarl