Climate Changed

Europe Can Double Renewable Energy Share by 2030, Irena Says

  • Rise in renewables could cut CO2 by further 15%, report shows
  • Higher share of clean energy would boost investment, jobs
Lock
This article is for subscribers only.

The European Union can boost the share of renewables to 34 percent of its energy mix by 2030, triggering hundreds of billions euros in investment and accelerating reduction of greenhouse gases blamed for global warming, according to the International Renewable Energy Agency.

Lawmakers in the 28-nation bloc are currently discussing policies for the next decade, with the European Parliament calling to increase the share of renewables to at least 35 percent of energy consumption, more than level of 27 percent or more endorsed by the heads of government. That compares with 17 percent reached in 2016 as part of the EU strategy to cut pollution and increase energy security.