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EU will miss Kyoto target-top energy economist
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BELGIUM: October 4, 2002


BRUSSELS - The EU will be unable to reach its Kyoto targets for reducing carbon dioxide emissions even if it launches new policies on boosting cleaner energy, the International Energy Agency's chief economist said.


According to IEA forecasts, the European Union could boost the share of renewable power like wind and solar in its electricity generation to 30 percent by 2030, but even that would not cut enough emissions to meet climate change targets.

"Fossil fuels will still dominate," IEA Chief Economist Fatih Birol told a news conference. "Even with these alternative policies (on renewables) we don't reach the Kyoto targets."

Under the 1997 Kyoto Protocol, the EU has to reduce its emissions of the greenhouse gases blamed for causing global warming by eight percent of 1990 levels by 2012. The most important of these gases is carbon dioxide (CO2), which is emitted during fuel combustion.

According to the IEA, the EU emitted around 3,080 million tonnes of CO2 in 1990. This would rise to 3,146 million tonnes in 2010 and to 3,829 by 2030 without any new "green" policies.

With new policies on renewable energy, emissions would be 4.9 percent less than that "business as usual" case by 2010, but would still be up from the 1990 level, according to the IEA.

Emissions would be 19 percent less than the 2030 business as usual prediction, still a rise over all.

Fatih said the reason was a large rise in demand for transport, which mostly runs on oil products, and the fact traditional electricity plants had a long life span and would not be replaced overnight.

"If governments want to do something they have to act not only radically but also as soon as possible," he said, adding that a move towards renewables offered not only some scope to reduce emissions but also reduced reliance on energy imports.

European Commission environment spokeswoman Pia Ahrenkilde-Hansen was upbeat about reaching Kyoto targets.

"We still believe that the EU can meet its target, but we need to implement key elements of the European climate change programme," she told Reuters.

As well as boosting renewables, the Commission has proposed measures to improve energy efficiency in buildings and an emissions trading scheme which would set maximum levels for CO2 output from industry.


Story by Robin Pomeroy


REUTERS NEWS SERVICE

Reuters



© 2008 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters.
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