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Debates
Thursday, 22 October 2020 - Brussels Provisional edition

State of the Energy Union (debate)
MPphoto
 

  Miapetra Kumpula-Natri (S&D). – Mr President, the climate neutrality target for 2050 requires systemic change and involves citizens. The EU has taken steps in the right direction and decoupled economic growth from greenhouse gas emissions. In 30 years, the EU cut emissions by 25%, while the economy grew by 62%. National energy and climate plans show that most Member States have cut emissions according to the current reduction targets, but Europe lags behind in the energy efficiency target.

The renovation rates proposal could be one solution. We have to make it win-win-win: cut emissions, create local jobs, and make healthier homes and buildings. Renovation rates remain too low and renovations should be placed at the core of a sustainable recovery.

Another big question for the energy transition is how to get private investment to support the green transition. Climate neutrality by 2050 needs investments now. The policy measures need to support predictability and also support demand for clean energy, green products and investments.

 
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