Europe decides against national renewables targets

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The European Commission outlined on 22 January its objectives for climate and energy policy through until 2030.

The EU currently has three targets to be attained by the end of this decade: to reduce greenhouse gas (GHG) emissions below the 1990 level by 20%; to increase renewables’ share of the energy mix to 20%; and to improve energy efficiency by 20%.

New goals

If approved, the new framework for 2030 will implement a binding GHG reduction target of 40% below the 1990 level. This, the commission said, will be achieved through “domestic measures”, including a reduction in the “cap” on emissions in EU Emissions Trading Scheme (EU ETS). It also sets a target for renewables of at least 27% in 2030. But, while the target will be binding for the bloc as a whole, there will be no mandatory targets for member states.

via Energy & Gas Prices Falling – January 2014.

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