EU plans binding Energy Efficiency Targets
October 28, 2009The proposal for the new Energy Efficiency Plan sets binding energy efficiency targets for Member States. The draft, entitled “7 Measures for 2 Million New EU Jobs”, aims to simplify the 2006 Efficiency Action Plan, by focusing on a range of binding and effective measures. It also acknowledges that the member States won’t be able to achieve the 20% goal of cut energy usage set for 2020, but only 11%. In particular it aims at helping the European Union cutting carbon dioxide emissions and reducing the tens of billions of euros channelled overseas each year for oil and gas imports. For that purpose, the draft introduces mandatory energy-saving obligations on member states ”in line” with the EU’s original goal of using 20% less energy in 2020 while suggesting that the targets could be either sector-specific, potentially limited to buildings, or cover all aspects of the economy. The other important measure in the draft is the proposition of refurbishing 15 million buildings by 2020. Insulating millions of existing buildings and retro-fitting them with double glazing and appliances would save Europe 66 million tonnes of CO2, while creating 300,000 direct and 1.1 million indirect jobs each year, it says. The draft does not earmark any money for the project, only referring to support [...]



