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EU could make net savings of €250 billion per year with energy efficiency by 2030

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Internal Energy Market

Internal Energy Market

The key to decarbonising Europe   - Photo credit: NASA Earth Observatory

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Turning point for the ETS

Turning point for the ETS

The emissions trading scheme needs reform, but first it needs a patch

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New poll

New poll

Germanwatch publish results of a public opinion poll which finds 73% of…

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New study shows EU could make net savings of €250 billion per year with energy efficiency by 2030

 

Energy-Saving-report-feb2013

[Brussels, February 27] – 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 [1].

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.


These findings should serve as a wake-up call. The EU's non-binding 20% by 2020 energy savings target is not on track to being met. And so far there is insufficient support from the European Commission and national governments for a 2030 target for energy savings. This means that despite the advantages, the required energy savings risk not being fully achieved.

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Environment Committee confirms the need for global aviation emissions deal

airplane-copyright- R DV RS The European Parliament’s Environment Committee yesterday voted today for a one-year ‘stop the clock’ derogation from the EU Emissions Trading System (ETS) for flights to and from Europe[1]. Environmental NGOs Transport & Environment (T&E), WWF, Germanwatch and Brot für die Welt think the ‘stop the clock’ concession is bigger than necessary given the limited progress made in the International Civil Aviation Organisation (ICAO), however the Parliament’s decision rightly increases pressure on ICAO to agree on a global deal to curb international aviation emissions. The Environment Committee’s vote also emphasises the fact that the EU’s emissions clock will start again if ICAO does not manage to agree on this long-awaited deal.

Commenting on the vote, Sam Van den plas, Climate Policy Officer at WWF European Policy Office, said: “The Parliament’s Environment Committee has confirmed the political gesture of the ‘stop the clock’ proposal as a sign of goodwill. The fact that the clock will start again after a year affirms the need for ICAO to find a global solution - but time is running out for the climate. The full European Parliament and Member States must now uphold the EU’s determination to achieve a global aviation emissions solution.” 

Opponents of the inclusion of international flights in the EU ETS, mainly the US, India and Brazil, had previously blamed the EU for blocking a global approach under ICAO. According to these countries, the inclusion of all international flights to and from Europe in an EU emissions trading system was hindering a global deal. After a global market-based-measure (MBM) was already found to be technically feasible last year [2], the ‘stop the clock’ derogation removed any supposed roadblocks preventing a global solution from being implemented. ICAO set up a High-Level Group to propose a set of rules for countries to agree on when looking for global measures. This High-Level Group has, to date, achieved very little [3]. Their next meeting this March is an essential opportunity for the group to make progress on a MBM, which will then be put to the organisation’s triennial assembly in September-October 2013.

T&E policy officer for aviation, Aoife O’Leary, said: “ICAO’s sluggish progress on curbing aviation emissions is legendary. The ‘stopping of the clock’ removed any further excuses the Organisation may have had. ICAO must prove that it is serious about implementing a global aviation emissions solution, first in its High-Level Group meeting in March, and then at its triennial assembly later this year. The ball is in ICAO’s court, and if it fails, Europe has other options up its sleeve.”

ENDS

Notes to editors:

1.       Commission’s ‘Stop the Clock’ proposal:

http://europa.eu/rapid/press-release_MEMO-12-854_en.htm

T&E’s briefing: http://www.transportenvironment.org/publications/stop-clock-ets-aviation-derogation

2.       http://www.greenaironline.com/news.php?viewStory=1620

3.       http://www.transportenvironment.org/publications/icao-and-aviation-emissions-clock-ticking

Photo Credit: R/DV/RS

Parliament lead Committee throws lifeline to ailing EU carbon market

Joint statement by CAN Europe, Greenpeace and WWF

Brussels, 19 February 2013 – European environmental NGOs today welcomed the European Parliament Environment Committee’s support for the proposal to temporarily curb the oversupply of emission allowances in the EU emissions trading scheme (ETS). This ‘backloading’ proposal will go some way to mitigate the severe problems faced by the EU’s carbon market, which has so far failed to dissuade polluters due to the hopelessly low cost of allowances.

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