The European Climate Foundation reports that the European Union will be more than capable of cutting its greenhouse gas emissions by the aggressive target of 80% by the 2050. The foundation does emphasize that the Union will need to be aggressive in its efforts, but that when it achieves its goals it will have not only assuage the environmentalists, but also realize reliable service.

The European Climate Foundation maintains energy production can be carbon neutral through the year 2050, but that significant investment is required almost immediately to ensure that this can happen. Investment will be required in nuclear capacity and other renewable energy generation and building must commence now. If delays are inherent, important targets will be missed and this will require future efforts to be accelerated so much that they might be unattainable.

Not only will government leaders need to be visionary, but industry executives must share this vision if a very low carbon economy is to be achieved by the year 2050. The investment needed will be in the region of 3 trillion over the next 40 years, but this can be offset by an overall reduction in fossil fuel use and major energy efficiency savings.

The European Union climate plan is actually the most aggressive in existence today, especially as it is tied to industry-leading initiatives such as the EU Emissions Trading scheme, now in its fifth year. Many other parts of the world have talked around the subject, but the European Union has actually taken significant steps forward. The latest findings of the European Climate foundation endorse the Union’s approach and should give it additional course to pursue its goals.

Environmental experts agree that the EU must strive for carbon neutrality throughout its power generation sector, if the overall goals are to be met. This is because power generation is a significant part of the overall problem and they must act as aggressively in the establishment of low or no carbon power generation systems.

The European Union climate plan requires the participation of 27 individual member nations and is quite an achievement in consideration of this complex interaction. A burden sharing agreement has been signed by the member nations, which limits individual emissions, nationwide. To make sure that everything comes together and is regulated, a central semi-independent body acts as an overseer.

There’s considerable pressure on legislators within the United States to come up with a climate plan for the world’s largest polluter. Notoriously slow in addressing climate related issues, the United States falls way behind the European Union in taking real action.

All companies in the United States must realize that they will be affected by a cap and trade system or carbon taxation without a doubt in the near future. As they watch Congress trying to develop a climate plan for the country, companies must be ready to determine the size of their own carbon footprint and act proactively.

Daniel Stouffer has much more information about the climate plan and how a visit to www.verisae.com will be of use to you.

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