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Tuesday, 03 January 2012

Cutting emissions by 2050

Aiming at cutting emissions by 2050, the European Commission has unveiled its Energy Roadmap 2050, which describes the consequences of a carbon-free energy system and the policy framework needed. The aim is to cut emissions by over 80% without disrupting energy supplies and competitiveness.  
Based on an analysis of scenarios created by combining the four main decarbonisation routes in different ways (energy efficiency, renewables, nuclear, and carbon capture and storage), the roadmap allows Member States to make required energy choices and create a stable business climate for private investment.
The Energy Roadmap 2050 outlines that investments made now will pave the way for the best prices in the future; and that a European approach will result in lower costs and more secure supply compared to having parallel national schemes, and a common energy market should be completed by 2014.

Source: European Commission

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