EU says extra €50bn needed for low-carbon tech plan

Investments in low-carbon energy technologies will need to increase by €50bn over the next ten years if the EU is to meet its climate and energy goals, the European Commission said on Wednesday in a long-awaited policy paper on energy technology funding.

The paper spells out the investments needed to finance the 2007 EU strategic energy technology (SET) plan. Originally due at the end of last year, the paper was delayed to take account of the changed circumstances following the global financial crisis, the commission said.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.