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Huhne looking for tougher emissions cuts

Posted on the 21 June, 2011 at 4:53 pm Written by in Government

Energy and climate change minister garnering support for 30 per cent reductions by 2020 ahead of EU Environment Council meeting today.

Chris Huhne will look to convince European environment ministers to support deeper emissions cuts by building a “low carbon coalition” with other supportive nations, including Denmark and Germany.

Huhne has stated in the past that the means to reduce emissions up to 30 per cent are already in place, and has the support of counterparts from Germany, Spain, Sweden, Denmark, Portugal and Greece as well as 70 major European companies.

The government believes the 20 per cent target is too low to achieve the target set out in the EU’s 2050 low carbon roadmap, which identified that lowering emissions to 80 per cent of 1990 levels by 2050 would require a 25 per cent cut by 2020, followed by a 40 per cent reduction by 2030 and 60 per cent by 2040.

Publishing the document in March, climate commissioner Connie Hedegaard said that an additional €270bn, or 1.5 per cent of EU GDP, would have to be invested in low-carbon projects each year – on top of current overall investment of around 19 per cent of GDP.

“The Commission’s paper on tackling carbon emissions shows that going further, sooner is cheaper in the long run,” Huhne said in a statement on the eve of the conference. “I’m working to convince other EU ministers to give their full backing to the paper, and show that they’re serious about getting Europe to the front of this low carbon race, rather than falling behind.”

Read the full article at BusinessGreen