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Monday, 21 February 2011

Wind and gas lobbyists scuffle over green claims

The head of the European Wind Energy Association (EWEA) has blown cold air on gas lobby claims that Europe could save €900 billion and still hit its 2050 greenhouse gas reduction targets if it built more gas plants fitted with controversial carbon capture and storage technology. "Anybody who claims that Europe could save billions by investing in energy technologies based on gas that nobody knows the future price of is either a clairvoyant or will inevitably be proven wrong by history," Christian Kjaer, the CEO of EWEA, told EurActiv. Gas companies have often championed what they say are the environmental benefits of gas. The latest assertions were made in an unpublished study by US management consultancy McKinsey, obtained by the Guardian newspaper. The report was compiled for the European Gas Advocacy Forum (EGAF), an umbrella group for companies including Centrica, ENI, E.On, Gazprom, GDF Suez, Shell and Statoil.

Source: Euractiv

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