Climate change is a major global threat which requires urgent action at the international level. EURELECTRIC’s members are committed to delivering carbon-neutral electricity in Europe by 2050, and to ensuring a competitively priced, reliable electricity supply throughout the integrated European energy market.
The European electricity sector strongly believes that decarbonisation is essential to guarantee the long-term sustainability of the global economy, and we are committed to leading this transition.
EURELECTRIC strongly welcomed the Paris Agreement as a major landmark in addressing the global climate change challenge. It provides the necessary signal to governments, businesses and the general public of the universal commitment to fight climate change, as well as a confirmation by the international community of the irreversible transition to a low carbon world that will steer the global clean energy transition.
At the European level, EURELECTRIC supports EU efforts to move towards a low-carbon economy in a way that is not only environmentally but also economically sustainable.
We believe that it is essential that EU climate change policy supports competitiveness by promoting reductions of greenhouse gas emissions in a cost-effective manner through the use of the EU ETS as the key instrument to deliver the EU’s greenhouse gas emission reductions target.
In its ability and commitment to become carbon‐neutral by 2050, the electricity industry can lead the drive to decarbonise Europe. However, the electricity industry cannot reach the objective of a low‐carbon economy on its own. The electrification of other sectors of the economy has been acknowledged as one of the crucial elements on this path to decarbonisation.