EU power giants in 40% GHG call

Günther Oettinger says it is vital to enforce renewables legislation

Eurelectric handed over the manifesto to Günther Oettinger

A group of leading European electricity firms have handed energy commissioner Gunther Oettinger a ‘manifesto’ calling for EU and national policymakers to adopt an economy-wide, binding 2030 greenhouse gas (GHG) reduction target of at least 40% compared to 1990 levels.

Trade body Eurelectric outlined a series of recommendations in its document which calls for the adoption of a more coherent European approach to forming new energy and climate policies – reducing costs while increasing their impact.

Oettinger, speaking at the handover of the manifesto, said he favoured Europe going for a 40% GHG reduction target “not 50% or 60% which isn’t realistic and would be an arrogant move”. He added that “Europe alone can’t save the world. What is needed is a globally binding climate agreement in Paris next year”.

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