According to the report that was published by the European Climate Foundation, the European Union will be able to achieve its carbon reduction emissions reduction of up to 80% throughout 2050 so long as it pursues aggressive actions towards this goal. The same report asserts that such initiatives will not only appease the environmentalists, but will also have consequent benefits to the various sectors of the economy.
Central to the assertions made by the European Climate Foundation is to make all energy production close to being entirely carbon neutral by 2050, given that the EU will be united in achieving this through the soonest possible investments. Initiatives such as renewable energy generation, like increasing nuclear capacity, needs to be pursued as early as possible. If there is a significant delay through our current decade, building targets and other initiatives will be accelerated so significantly that they may not be achievable.
In a report submitted by the European Climate Foundation, it was stated that the EU will be able to reduce its carbon emissions by up to 80% throughout 2050, given that the EU will be able to aggressively pursue initiatives for this target. The foundation’s report asserts that the European Union targets are achievable and may be reached economically and reliably as well, meaning that the outcome will not just assuage the environmentalists.
Many advocate that it will take truly visionary steps by government and industry leaders to enable us to achieve a true low carbon economy by the year 2050. Investment in new technology is anticipated to reach 3 trillion over the next four decades, but this can be more than offset by savings in energy efficiency and any reduction in our reliance on fossil fuels.
The European Union climate plan is actually the most aggressive in existence today, especially as it is tied to industry-leading initiatives such as the EU Emissions Trading scheme, now in its fifth year. Many other parts of the world have talked around the subject, but the European Union has actually taken significant steps forward. The European Climate Foundation’s latest findings endorse the Union’s strategy and should give it additional course in the pursuit of its goals.
Experts would be asserting that the European Union needs to be carbon neutral in terms of the power sector so that it will be able to meet its own goals. Due to the fact that power generation is one of the main contributors of the problem, there is a pressing need to adopt both the low and no carbon power generations initiatives.
The EU climate plan can be a major achievement considering that it should be the collaboration of 27 member countries. The member countries have already agreed to share the burden of the agreement, covering emission reductions in every country while having a central, semi-independent monitoring body that will oversee and corroborate in all activities related to this goal.
There’s considerable pressure on legislators within the United States to come up with a climate plan for the world’s largest polluter. Notoriously slow in addressing climate related issues, the United States falls way behind the European Union in taking real action.
Organizations in the United States realize the consequences if the climate plan that would materialize in the years ahead in the U.S., whether it’s the carbon taxation or the cap and trade scheme that shall push its way. It is within their interests to understand the size of the business carbon footprint as soon as possible and to take immediate action to get “ahead of the game.”
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Article Source: Zero Carbon Energy Production Expected from the Climate Plan