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European CEOs call for strong 2030 climate and energy targets

2030 climate and energy targets

CEOs from Europe’s leading energy companies are calling for a strong renewable energy target for 2030. Creative Commons: Patrick Finnegan, 2007

CEOs from leading European companies are calling on the EU to agree a strong 2030 climate and energy framework with an ambitious renewable energy target, including binding national targets.

An overall renewables target of at least 30% will boost green growth, create 570,000 more jobs and save €260 billion in fossil fuel imports, according to CEOs from Acciona Energia, Alstom, Enercon, ERG Renew, RES Med and Vestas.

The six companies are part of a coalition of 91 companies and organisations that have signed a business statement calling for strong climate policies to 2030.

The statement said:

We welcome the European Commission’s commitment to a post-2020 climate and energy policy, which includes a renewable energy target. However, it doesn’t go far enough. That is why we encourage EU Heads of State to support the European Parliament’s call for binding national renewable energy targets as well as at least the 30% overall target. Doing so will contribute to increasing EU employment, energy security, and technology leadership.

 

This call is a direct challenge to the so-called Magritte Group – made up of utilities, including Germany’s E.ON, RWE and GDF Suez – which has been lobbying for an end to subsidies for wind and solar and help to maintain gas generation.

Utilities need to be “more proactive” and “accept a new industry is coming,” Hans-Dieter Kettwig, managing director of German wind turbine maker Enercon told a press conference in Brussels.

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