Clean Energy To Resolve Greece Crisis ?

Prime Minister of Greece George Papandreou asked for the activation of financial assistance to his country who are experiencing difficulty a number of approximately U.S. $ 60 billion from the European Union and the International Monetary Fund. In addition to in Greece, the crisis was also felt in several European capitals, from London to Berlin. In addition to the perceived difficulties and the Greek communities in the surrounding areas, there is a question about the impact of this crisis on the commitment of member countries of the European Union to reduce emissions by 80% in 2050.

A report prepared by the European Climate Foundation with technical and economic analysis of Imperial College London, KEMA, Oxford Economics, McKinsey & Company, E3G, and the Energy Research Centre of the Netherlands have a surprising answer. Analysis of the so-called Roadmap 2050 states that in any low-carbon pathway were tested, the cost of electricity incurred comparable to the cost of using the infrastructure that produces carbon emissions. In other words, they can reduce carbon footprint and to mitigate the impact on the environment, or do not do it at all, at the same price.

How could this happen? Research shows that prices for energy recycling facility is great, but much lower operation costs than conventional power plants. Therefore, the expected target of European Union countries can still be achieved despite the crisis can not be avoided.