EU Energy Policy

Europe’s climate ambition jeopardised by innovation gap

Europe’s ambition to be carbon-neutral by 2050 is being jeopardised by a lack of spending on climate-friendly technologies Europe’s ambition to be carbon-neutral by 2050 is being jeopardised by a lack of spending on climate-friendly technologies.
By Andreas Walstad 3 December 2018 0 33522
Participants at the COP24 summit, which started on Monday. (PA)

In the build-up to the COP24 climate summit in Poland, the European Commission last week presented its vision for Europe to become carbon-neutral by 2050

The long-term strategy does not propose specific targets as such, but among other things calls for joint action in areas such as energy efficiency, the deployment of renewables, clean transport, and carbon capture and storage. The plan envisages that 80% of Europe’s electricity will be produced by renewables such as wind and solar by 2050 and that electricity...