Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-14-Speech-2-677"
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"en.20101214.40.2-677"2
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"Although the European Union has set targets for reducing energy consumption by 20% by 2020, these are not binding, unlike targets in the areas of reducing emissions and renewables. Member States are therefore not sufficiently motivated to achieve the best possible results in the area of energy efficiency. The technology and the practical processes for improving energy efficiency already exist, but since there will be no binding targets, these projects will not be properly financed and, consequently, will not be implemented. If the EU were to achieve its target by 2020, however, that would mean financial savings of up to EUR 78 billion a year. Apart from reducing dependence on imports of oil and natural gas, thereby boosting energy supply security, this would also mean significant savings for households. I consider this factor to be highly important, because the number of people living in so-called energy poverty, where electricity and gas bills swallow up most of the family budget, is currently growing. If binding targets were set, however, households could save up to EUR 1 000 annually, according to figures from the European Commission. Besides greater competitiveness, improved energy efficiency would also boost the creation of permanent jobs and would lead to a reduction in CO
emissions of 780 million tonnes, which is more than is required under the Kyoto Protocol."@en1
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