The European Parliament wants to cut citizens’ energy consumption by 11%
The European Parliament and the Council Presidency reached a provisional political agreement on Friday to reduce final energy consumption at EU level by 11.7% in 2030 compared to projected consumption. How this objective will be achieved without declines in the supply of goods and consequent inflationary pressures remains a mystery.
EU member states will benefit from some flexibility in achieving the target, the EU Council said in a statement.
Under the provisional deal, the EU must collectively reduce its final energy consumption by at least 11.7% in 2030, compared to the 2030 energy consumption forecast made in 2020. So either the predictions were wrong or however, there will be a form of decline in production.
This means that EU final energy consumption will be capped at 763 million tonnes of oil equivalent and primary consumption at 993 million tonnes of oil equivalent.
"The limit for final consumption will be binding on member states collectively, while the target for primary energy consumption will be indicative," the Council said.
All EU member states will contribute to efforts to reduce energy consumption through national indicative targets, which are expected to be updated and unveiled this year and next.
The deal reached on Friday must be approved by the committees of the European Parliament and the Council and must be formally adopted to enter into force. As often happens, those set by the European Parliament risk being objectives distant from reality and guided only by demagoguery
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The article The European Parliament wants to cut citizens' energy consumption by 11% comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/il-parlamento-europeo-vuole-tagliare-i-consumi-energetici-dei-cittadini-del-11/ on Fri, 10 Mar 2023 14:52:00 +0000.