EU Energy Policy

EU renewables target draws mixed reviews

The EU’s decision to scale up its 2030 renewables target has not been entirely well-received, with some believing it may undermine other climate policies The EU’s decision to scale up its 2030 renewables target has not been entirely well-received, with some believing it may undermine other climate policies.
By Andreas Walstad 18 June 2018 0 31331
Norway’s Mongstad CCS testing centre. (TCM)

The EU’s revised 2030 renewables target is designed to help Europe cut carbon dioxide emissions and reduce its imports of fossil fuels, but some fear it could also have unintended consequences on carbon trading and investment in carbon capture and storage (CCS). 

The EU institutions last week agreed to increase the 2030 renewables target from 27% to 32%, meaning the share of renewables in the EU’s final energy consumption will almost double from current levels by 2030. The new target – which can...