Business members of the European Corporate Leaders Group (CLG Europe) have joined the European Parliament, policymakers and NGOs in forming an alliance for a “green recovery” of the European economy that assists with the ongoing fight against the climate crisis. Coordinated by Pascal Canfin, Chair of the Environment Committee at the European Parliament, the Green Recovery alliance consist of 180 political decision-makers from 11 countries, 79 cross-party MEPs from 17 Member States, 37 chief executives, 28 business associations representing 10 different sectors, trade union confederation representing members from 90 national trade union organisations and 10 trade union federations, seven NGOs and six think tanks.
Edie 14th April 2020 read more »
Bloomberg 14th April 2020 read more »
A “green” economic recovery from the coronavirus is essential to stop Europe lurching from one crisis into another, EU politicians, business leaders, lawmakers and activists declared. The European Alliance for Green Recovery is calling for EU leaders to embrace green stimulus measures that will focus recovery efforts on growing Europe’s low-carbon industries. In a statement the group said the economic fallout from Covid-19 is likely to be worse than the 2008 financial crash, and calls for a “new economic model” for Europe. A carbon-neutral economy with strong biodiversity will prove more resilient to future shocks, it argued. Signatories to the group’s statement include the CEOs of Volvo, Unilever, L’Oreal and IKEA, alongside ministers from Germany, Italy and France.
iNews 14th April 2020 read more »
The path to a fully decarbonized energy system in Europe could depend on technologies that are out of bounds in today’s market, a consultancy forecast suggests. The major decarbonization pathways modeled by Afry (formerly AF Pöyry), an international engineering, design and advisory firm, envision big contributions from either new nuclear or carbon capture and storage (CCS) — neither of which is an energy system front-runner at present. Afry modeled two possible avenues to decarbonize Europe’s power, heat and transport sectors. One of them, called the “zero-carbon gas” pathway, involves using renewables along with other low-carbon technologies such biomethane, electrolysis, methane reforming, hybrid heat pumps and district heating to achieve deep cuts in energy system emissions. The other, called “all-electric,” calls for the complete electrification of heat and transport, with no hydrogen or biomethane and a limit to biomass consumption. Both pathways can be used to achieve 100 percent decarbonization of the European energy system by 2050, Afry believes.
Green Tech Media 14th April 2020 read more »