By Martin Banks - 4th March 2008
Greenhouse gas emissions can be “substantially” cut but only with global cooperation, a parliamentary hearing was told.
The hearing, on Monday, heard that increased use of bio-fuels and improvements in carbon efficiency can help achieve the EU’s target of reducing CO2 emissions by 20 per cent by 2020.
Lars Josefsson, CEO of top Swedish power company Vattenfall, told the meeting that “all sectors” of the energy market will have to contribute to emissions reductions.
These include the transportation, agriculture, power and forestry sectors, he said.
Improvements in the design of buildings, in particular, can play an important role in achieving increased energy efficiency, said Josefsson.
“Global cooperation is the key to the low carbon economy,” said Josefsson, whose company is one of the leading energy producers in Europe.
It was pointed out that 42 per cent of his company’s production comes from fossil energy, 35 per cent from nuclear and 23 per cent from hyro-electricity.
It also heard from Cefic, the Brussels-based organisation representing national chemical federations, that the chemical industry is helping to achieve “significant” cuts in greenhouse gas emissions.
The one-day hearing, organised by parliament’s temporary committee on climate change, debated the source of emissions from the industry and energy sectors.
Have your say...
Please enter your comments below.