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Carbon-neutral electricity in Europe by 2050 is attainable through the market system. For this to become reality, policymakers must support the carbon market so as to deliver the CO2 cap at least cost, work for an international agreement on climate change action, ensure that all sectors internalise the cost of greenhouse gas emissions, and enable the use of all low-carbon power technology options. However, the key to Europe’s low-carbon future will be on the demand side, where a paradigm shift is needed away from direct use of fossil fuels towards energy-efficient electric systems and technologies, including electric road vehicles and electric heat pumps in spatial heating and cooling.
These are the key points emerging from a new EURELECTRIC study – Power Choices: Pathways to Carbon-Neutral Electricity in Europe by 2050 – unveiled at the European Parliament in Brussels on 10 November.
As part of its drive to improve the efficient use of energy, the European Commission unveiled just before summer recess a major package of policy proposals designed to green European manufactured products. The proposals would extend the scope of EU eco-design rules, revise and widen eco-labelling practices, set new mandatory green standards for public procurement and revamp the corporate green management scheme.
(More on www.eurelectric.org in Daily News – Password needed)
