Sunday, April 26, 2009

European initiative

Will Hutton, in How Europe can save the world, The Observer 11.03.07, says that the EU has committed itself to reduce its CO2 emissions by 20% from their 1990 level, by 2020. This will be achieved, he says, mainly through the use of renewable energy such as water, air & biofuels. Although France is heavily dependent on nuclear power, this will now be classified as clean. There will be strict limits on carbon emissions, with every new power station in Europe after 2010 having to have 'carbon capture and storage capacity'.

There are, however, problems. Renewable energy is expensive and European business will complain that Indian, Chinese and American competitors will continue to use cheaper fossil fuels.

But Hutton says that there is growing worldwide conviction that that action must be taken to prevent global warming and climate change. Clearly pro-European, he praises Europe's politicians, particularly German Chancellor Angela Merkel, supported by Tony Blair, for taking the lead over carbon emissions. With forthcoming UN talks over a successor to the Kyoto Protocol, Hutton says that the European initiative is of worldwide significance and he's optimistic it will be successful.

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