The trade body said even the most ambitious decarbonisation scenarios set out in an earlier communication of the legislation are not based on the headline target.The Climate Law strives for net-zero emissions, opening a backdoor technologies such as carbon capture and storage, meaning fossil fuels will remain a part of the energy system, WindEurope argues.
the Climate Law’s objective of climate neutrality based on renewable energies only.WindEurope chief policy officer Pierre Tardieu said: “Beating climate change is about driving renewables-based electrification in road transport, buildings and most of industry. And scaling up renewable hydrogen in hard to abate sectors.
The successful implementation of the Regulation will help achieve the EU’s concrete 2030 targets in keeping with the Paris Agreement, including to reduce greenhouse gas (GHG) emissions by at least 40% compared to the 1990 level, lift the share of renewable energy sources in gross energy consumption to at least 32%, save at least 32.5% energy through energy efficiency measures, and secure at least a 15% interconnection among member states.
Blowing away the competition. Coca-Cola and Burlington Northern Santa Fe may be two of Warren Buffett's most well-known investments, but the Oracle of Omaha also represents one of renewable energy's greatest advocates. MidAmerican Energy Company, a subsidiary of Berkshire Hathaway, has the long-term goal of providing 100% renewable energy to its customers. Illustrating its prominence in the renewable energy sector, MidAmerican claims on its website that "no other U.S. rate-regulated utility owns more wind-powered generation capacity." And the energy company shows no signs of slowing down its commitment: MidAmerican is currently constructing the 2,000 megawatt Wind XI project, which is expected to be completed in late 2019.
“Clearly opting for a 100% renewables scenario would avoid stranded investments down the road. A 100% renewables scenario must be the start of our conversation on how we deliver climate neutrality cost effectively.”The Governments of Spain, Denmark, Luxembourg, Austria, Lithuania and Ireland have also called on the European Commission to include a 100% renewables scenario as part of the impact assessment for the EU Climate law.
Recommended reading: Grist: In Detroit, Democratic Candidates Actually Did Some Climate Debating Mother Jones: Joe Biden’s Climate Plan Melted During the Debate The Hill: Democratic Senators Turn to GOP for Help in Reaching Conservatives on Climate Messaging Vox: Ohio Just Passed the Worst Energy Bill of the 21st Century Inslee profile pic Political Climate is produced in partnership with the USC Schwarzenegger Institute.