A new push to persuade Europe to cut its emissions by 30% by 2020 was kicked off today in a joint initiative by the UK, Germany and France. In an article published simultaneously in the three countries, the countries' climate change ministers Chris Huhne, Jean-Louis Borloo and Dr Norbert Röttgen 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. On Budget day, the three Governments issued a joint statement on bank levies. Commenting on today's initiative to increase the target to 30%, UK Energy and Climate Secretary Chris 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."
Chris Huhne warned today that a deal on climate finance is vital to breaking the climate deadlock. The Secretary of State for Energy and Climate Change arrived in New York for a meeting of the High Level Advisory Group on Climate Change Financing. The group was set up to identify ways of raising new and innovative sources of climate financing to reach $100 billion per annum of public and private finance by 2020 as agreed during the UN Climate Change Conference in Copenhagen last December. Chris Huhne said, "Helping developing countries tackle climate change is crucial if we are to secure a comprehensive and ambitious deal. Aside from a moral obligation to help vulnerable countries who have historically contributed little to the problem, it's also in our own interests to provide practical support. I'm looking forward to getting down to work with colleagues in New York to secure the long term finance needed to tackle climate change and kick start a renewed push towards a truly ambitious climate change deal."
In a paper published today, the European Commission is expected to find that upgrading the EU's greenhouse gas emission reduction target would be much cheaper than predicted and bring jobs and economic development to Europe, said Greenpeace. The Commission estimates that achieving the EU's current 20% emissions target for 2020 is at least one third cheaper (€22 billion) than calculated in 2008. According to the Commission, increasing the target to 30% could actually save up to €40 billion in fossil fuel imports alone and create hundreds of thousands of green jobs. Greenpeace EU climate and energy policy director Joris den Blanken said: "Some industry lobbyists claim that ambitious climate targets will lead to cuts in jobs and production, but the Commission paper shows that the opposite is true. With a stronger climate target, companies would stop profiting from pollution and start gaining from green growth."
The Dutch Cabinet has not only achieved its climate targets for the year 2010, but it is alsowell on its way to realising its CO2 reduction and renewable energy targets for 2011. Greenhouse gas emissions have decreased in recent years and will continue to drop in the years to come. The substantial increase in the proportion of energy from renewable sources will bring about a break in the trend of fossil-fuel consumption over the next decade. However, the next cabinet will need to take additional measures in order to achieve the targets for 2020. These are the most significant conclusions reached by the Energy Research Centre of the Netherlands (ECN) and the Netherlands Environmental Assessment Agency (PBL), on evaluating the Cabinet's environmental targets. Today, Minister Tineke Huizinga of Housing, Spatial Planning and the Environment (VROM) sent the interim figures to the Lower House of the Dutch Parliament on behalf of the Cabinet.
The International Energy Agency (IEA) has commended Canada's commitment to increase the share of clean energy in electricity supply by 2020. At the launch of the new publication Energy Policies of IEA Countries - Canada 2009 Review today in Ottawa, IEA Executive Director Nobuo Tanaka said "the goal to increase to 90% the portion of Canada's electricity needs that are provided by carbon-free sources such as hydro, nuclear or wind power by the end of the decade is progressive and ambitious". He also praised Canada's recent climate target announcement to reduce greenhouse gas emissions by 17% below its 2005 levels by 2020 under the Copenhagen Accord - a non-binding document that emerged from the international climate change conference in Denmark in December 2009.
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