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Policy & Regulation

EU climate roadmap signals boost for renewables and gas

The European Commission's plans to revamp its climate policy framework look set to boost renewables and perhaps allow gas to defend its market share over the next decade The European Commission's plans to revamp its climate policy framework look set to boost renewables and perhaps allow gas to defend its market share over the next decade.
By Andreas Walstad 11 December 2019 Europe & Russia / Policy & Regulation 0 34870
European Commission President Ursula von der Leyen delivers a press statement on the European Green Deal. (PA)

The European Commission on Wednesday formally announced a roadmap to increase the EU’s 2030 carbon dioxide emissions reduction target and extend the scope of the bloc’s carbon market, among other measures.

At first glance, the ‘European Green Deal’ roadmap looks supportive of renewables such as offshore wind and inclusive of conventional gas as well as hydrogen and carbon-capture technologies.

The roadmap – presented by the commission’s new president, Ursula von der Leyen – still has a long way to go before its contents are...