How and how much the EU is committed to reduce emissions by 2050

'It is now time to move to a competitive low carbon economy 'has warned the European Commissioner for Climate Action, Connie Hedegaard, on March 9. There is no 'more' time and to do so with good and fast results, the European Commission has presented a roadmap. A table is based on a global economic model that suggests steps you can take to achieve internal reductions of 80% by 2050.

First of all it 'necessary that the emissions of greenhouse gases are reduced by 40% compared to 1990 levels by 2030 and 60% by 2040. All economic sectors are called upon to contribute. Current policies point instead to reduce domestic emissions by 30% by 2030 and 40% by 2050. First of energy savings. To achieve a low-carbon economy, over the next 40 years, the EU must 'invest at 1, 5% of GDP, or 270 billion euro, in addition to 19% of GDP currently already' invested. This increase would not suffice to bring Europe to the investment levels prior to the economic crisis. A good portion, if not all, of these investments will be 'offset by a less expensive energy bill for gas and oil. It is estimated that it will 'can save between 175 and 320 billion euro a year. Investments in addition to reducing Europe's dependence on energy imports such investments will stimulate new sources of growth, will safeguard jobs and create new jobs. We may also reduce air pollution and health costs associated with it.

By 2050 the benefits of a better quality 'of the air could amount to a total of € 88 billion. 'The more' wait, the more 'high will be' cost. With oil prices continuing to rise ', remember Connie Hedegaard. Priority 'internal measures, it is recommended to pursue the objective primarily through their own measures, since by 2050 will decrease' considerably the availability 'of international credits to offset emissions. The analysis also reveals that, so that 'the goal for 2050 will be achieved in a cost-plus' sustainable in 2020 should reduce emissions by 25%, rather than' 20% as currently planned, and only through action at EU level . To achieve the goal of 20% energy savings you may need to set aside some of the emissions allowances of common reserve of allowances that Member States will auction from 2013 in the framework of the EU system for the exchange of emission allowances. The next steps are the future development of national and European policies aiming to achieve, by 2050, a low-carbon economy. For this reason the Commission is to draw up roadmaps specific to each sector.




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