100 percent renewables for a crisis-proof European Green Deal
In the context of the Covid-19-induced political and economic crisis in Europe, the European Green Deal (EGD), a comprehensive package of measures to strengthen the sustainable development of Europe, has become the subject of controversial debate. Aligning policy targets of the European Green Deal with the “Next generation EU” green recovery programme will be crucial.
On 15 June, the German Institute for Economic Research (DIW Berlin) will present their findings on the realisation of a fully renewables powered European economy in a comprehensive study entitled “Make the European Green Deal Real”.
The study focusses on tightening the climate protection targets for 2030 as a condition for full decarbonisation in 2050, as well as on strengthening European cooperation.
Energy-economy modelling shows that the tightening of the climate protection targets for 2030 from the current level of only 40% (basis: 1990) to 60% to 65% is not only necessary to achieve climate neutrality by 2050. Switching to renewable energy sources is also a cost-effective option and offers starting points for sustainable economic stimulus packages to strengthen the European economy. Fossil or nuclear energy sources are not only unsuitable as a "bridge", but also prevent the implementation of climate protection goals; this applies in particular to fossil natural gas, whose harmfulness to the climate has been underestimated for a long time.
Switching to 100% renewables, especially in the electricity sector, requires an intensification of European integration: decarbonisation is much more difficult to achieve with national efforts alone. Cross-national coordination mechanisms and solidarity are central to achieving the objectives set out in the EGD.
10:00 – 10:05
Eva van de Rakt, Head of Office, Heinrich-Böll-Stiftung European Union
10:05 – 10:25
Presentation of study: Make the European Green Deal Real
• Prof. Claudia Kemfert, Head of Energy, Transportation and Environment Department, DIW Berlin (German Institute for Economic Research)
• Prof. Christian von Hirschhausen, Chair of the Workgroup for Infrastructure Policy, TU Berlin and Research Director, DIW Berlin
• Dr. Pao-Yu Oei, Head of Research Group “CoalExit”, TU Berlin and Research Fellow, DIW Berlin
10:25 – 10:35
10:35 – 11:00
Comments from political stakeholders
• Michaela Holl, European Commission, Policy Analyst, Renewables and CCS Policy, Directorate-General for Energy
• Jytte Guteland, Member of the European Parliament (S&D group) and the Environment Committee, Rapporteur of the Climate Law draft
• Michael Bloss, Member of the European Parliament (Greens/EFA group) and the Environment Committee
• Davide Sabbadin, Climate and Circular Economy policy officer, European Environmental Bureau (EEB)
• Bruce Douglas, Director for Business and Communications, EURELECTRIC
11:00 – 11:30
Q&A and closing remarks by DIW Berlin
Moderation: Martin Keim, Head of European Energy Transition Programme, Heinrich-Böll-Stiftung European Union
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