Governmental Renewables Targets – Achievable or Political Bluff?

Time: 15:30 - 16:30

Synopsis

Governments across Europe, and the EU themselves, have set ambitious renewables targets for the coming decades:

Germany has pledged to “fulfil all its electricity needs with supplies from renewable sources by 2035

Greece is aiming to have “70% renewable electricity generation” by 2030. Which is being funded by 38% of the EU’s largest COVID relief grant and loan package.

Ireland has committed to 80% of energy to be from renewable sources by 2030, from the current level of 30%.

The EU intend to “cut greenhouse gas emissions by at least 55% by 2030” (compared to 1990 levels). And that Europe will become a “carbon neutral continent by 2050”.

Are such targets achievable? Where is the required capital going to come from to meet them? This session will discuss what governments need to do to hit these targets and how investors can make money from getting involved.

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