Tuesday, March 19, 2024
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Europe stands still in clean-tech race as China storms forward

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In the face of China’s latest commitment to renewables, the EU is being urged to “act decisively” to stay ahead in the clean-energy race and cash in on its benefits. The warning comes as heads of state and government reaffirm their commitment to swiftly ratify the Paris Agreement and implement their pledges under the deal. But as China’s latest Five-Year plan reaffirms its commitment to cut CO2 intensity and boost renewables, Europe “risks losing its hard won leadership” by “refusing to increase their climate targets”.

The huge benefits of renewables are more apparent than ever reports suggest clean energy is the easiest way to “reach the Paris Agreement”. As support for tougher EU targets grows, the pressure is now on leaders to “strengthen its climate targets and accelerate investment in clean infrastructure” in line with the Paris Agreement’s aim for a zero-emission future.