A new push to persuade Europe to cut its emissions by 30% by 2020 was kicked off last week in a joint initiative by the UK, Germany and France.
In an article published simultaneously in the three countries, UK Energy and Climate Secretary Chris Huhne and his French and German counterparts set out the economic benefits for increasing Europe’s climate change targets. The current European target is for the EU to cut emissions by 20% from 1990 levels by 2020. This is the second joint initiative between the governments of France, Germany and UK since the election in May. On Budget day, the three governments issued a joint statement on bank levies.
Commenting on today’s initiative to increase the target to 30%, Mr Huhne said: “This shows how seriously Britain, France and Germany take the low carbon agenda and how we want to work together to make it happen.
“We’re determined to make the economic case for the EU to cut its emissions by 30% by 2020 as quickly as possible. Moving to a low carbon economy can help deliver energy security and contribute to economic recovery.
“The current 20% target is not sufficient to encourage companies to make the necessary investment in green technologies and green jobs. The ‘wait and see’ policy of sticking to 20% risks putting Europe in the global slow lane of maximising low carbon economic opportunities.”