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New report on the future of EU in 2030 stresses need for common energy policy

Publish date: May 17, 2010

Written by: Veronica Webster

BRUSSELS – The Reflection Group on the future of the EU, appointed by EU heads of state and government, has published its report “Project Europe 2030: Challenges and Opportunities”, which highlights the importance of a common energy policy in the EU. Such a policy must allow for greater energy efficiency and savings of the kind advocated in the Europe 2020 strategy and involve diversification of energy supplies from third countries.

The report also stresses that Europe must lead in the fight against climate change to avoid being left out. This should be done by taking a proactive approach and begin by defining a permanent system of incentives for the development of alternative energy sources and technologies.

The report also explains that the deployment of forthcoming technologies such as CO2 capture and storage (CCS) must be backed by firm decision-making regarding appropriate levels of subsidies at EU level, a legal framework which is sorely needed and a roadmap for developing CCS beyond the demonstration phase.

“In order to move from the experimental to the operational stage, the EU needs to research, develop and test new technologies and processes for capturing and storing CO2 safely underground,” reads the report, which can be viewed in full here.

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