Isra-Mart srl : The 30 percent climate target th powering investments

www.isra-mart.com

Isra-Mart news:

Spiking fuel prices, energy risks, climate change, resource constraints and increasing competition with emerging economies mean that “business as usual” is not an option for the European economy.
To support private investments in green products, services and infrastructure, Europe needs policies that are not held back by over-protection of old business models at the expense of innovative industries and sectors. First and foremost, this requires the EU to update its 2020 climate policies. The current 20 percent EU climate target for 2020 does not provide an incentive for clean investment. The mountain of unused emission allowances in the EU’s Emissions Trading Scheme means there is little reward for efficiency, action and innovation. Only a more ambitious target – of 30 percent domestic emission reductions by 2020 ( compared to 1990 levels ) - can deliver green jobs and a resource-efficient economy that can compete on the global stage.