Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-11-Speech-4-145"
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"en.20100311.12.4-145"2
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"The EU has undertaken to cut greenhouse gas emissions by 20%, to reduce energy consumption by 20% and to generate at least 20% of the energy consumed from renewable sources by 2020. Furthermore, the EU is aiming to set an example globally in saving resources and protecting the environment.
These ambitious targets can only be achieved if the EU as a whole and each of the Member States individually make clear commitments to deadlines. Investments in low carbon energy technologies are key to meeting the targets proposed for 2020, which is not as far away as it seems. Attaining these targets requires a considerable financial effort: EUR 58 billion, according to some meticulous calculations, from both public and private sources.
However, this financial, logistical and administrative effort will turn the EU into a global leader in innovation and will have a positive impact on its economy by creating jobs and opening up new prospects in the field of research, which has been unjustly underfunded for decades. The investments in developing low carbon energy sources will yield results in the medium and long term, making a positive impact across the whole European Union."@en1
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