i on europe

Icon

Brussels blog by some wire service journalists

EU study: clean energy costs no more in long run

By DON MELVIN

BRUSSELS (AP) — A report issued Thursday says the European Union can cut its emissions of greenhouse gases dramatically by 2050 without spending any more money — and even, perhaps, saving a bit.

That estimate is based on an assessment that the new plants and equipment needed to switch to the generation of clean energy would cost more than continued reliance on fossil fuels, but that the clean energy itself would cost less.

“Only a new energy model will make our system secure, competitive and sustainable in the long run,” said EU Energy Commissioner Guenther Oettinger. The report, called “Energy Roadmap 2050,” was produced by the European Commission, the executive branch of the 27-country European Union.

The EU has committed itself to cut emissions of greenhouse gases, which contribute to changing the earth’s climate, to 80-90 percent below 1990 levels by the year 2050.

READ THE FULL STORY HERE.

Advertisements

Filed under: Story links

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Don Melvin

Slobodan Lekic

Raf Casert

%d bloggers like this: