Europe Goes to Exit Goals 21 Years Later | Strange thing

Europe may be making progress in reducing emissions, but officials at the largest utility do not think it will move fast enough. Reuters Reports suggest that if Enel continues in Europe “at the current pace”, greenhouse gas emissions may be delayed. The EU wants to reduce those emissions by 55 percent by 2030, but will not reach that goal by 2051 without significant changes.

By 2043, the continent will not meet its 40 percent renewable energy target (which is also set for 2030).

The utility estimates that the EU will have to invest approximately $ 3.6 trillion (less than $ 4.3 trillion) to achieve its 2030 emissions target. If the authorities have the ability to quickly turn plans into “real action,” they must establish better governance for the test. This includes a more regional strategy to promote closer coordination and better market integration among EU member states.

There was little doubt that the Union should reconsider its strategy. The 55 percent reduction target was significantly higher than the previous 40 percent target. Enel also has a strong incentive here – additional costs could help Enel’s renewable energy business. The findings may help to estimate how much work needs to be done, but the EU will listen carefully to the main energy supplier when it comes to more powerful clean energy adoption.

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