Today the European Commission has published the white paper which sets out recommendations for EU climate and energy targets for 2030. The EU has already committed to a GHG reduction of 80-95% by 2050 and the year 2030 represents the halfway point. The paper recommends 40% GHG reductions, supported by an EU-wide 27% target for renewable energy but has delayed setting a target for energy efficiency.
Peter Young, Chairman of the Aldersgate Group said: "The Aldersgate Group is very disappointed by the lack of ambition shown by the European Commission today. The UK Government has had the foresight to argue in favour of a 50% emissions reduction target, which would create jobs, save public money on healthcare and galvanise the rest of the world into taking ambitious action on climate change.
"The EC's decision to ignore the UK's recommendation is deeply short-sighted and dispiriting; a 40% target effectively locks out the possibility of a two degree temperature rise and puts our low carbon sector on an uncompetitive trajectory. This puts the brakes on growth in a sector that has been growing at nearly 4% a year. The progressive businesses, organisations and individuals that comprise our membership will be lending their support to our Government to ensure that this set-back does not become entrenched in EU policy."
Speaking at an Aldersgate Group reception, Climate Change Minister Greg Barker has downplayed fears the recent review of "green levies" will trigger a widespread rollback of environmental policies that could erode investor confidence in the low carbon economy.
Barker was speaking on progressive Conservatism, which he jokingly explained was "about more than just gay marriage and wind farms". However, he admitted that parts of the Conservative Party's modernising agenda had been sidelined, to make way for austerity policies designed to help reduce the country's deficit.
He stated that the party should now seek to take a more confident and radical approach that supports low carbon and innovative start-ups in the run-up to the 2015 election.