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The Low Carbon Economy Ltd

19 Mar 2009 01:03:22

EU electricity companies to go carbon neutral

EU electricity companies to go carbon neutral
Major energy companies from across Europe have announced a new commitment to work together to cut carbon emissions.

Chief executives from 61 of the continent's top energy companies submitted a declaration to EU energy commissioner Andris Piebalgs, outlining their goal to create a carbon-neutral power supply by 2050.

The document was presented to the commissioner at this week's Eurelectric meeting in Brussels.

Commissioner Piebalgs welcomed the pledge, which draws on recommendations in the EU's Strategic Energy Review.

He said: "If we want to win the battle against climate change we need to change completely the way we think about energy production, consumption and development.

"In our Strategic Energy Review we presented our vision on how energy has to be by 2050, which includes fundamental technological shifts, including decarbonising the EU electricity supply."

However, he added that "this will only happen" if a coordinated approach to regulation, investment, and research and development is adopted across the region.



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