Low Carbon Technologies (SET-Plan) (Communication)
In order to attain independence from fossil fuels, the EU is planning to accelerate the development and introduction of various low carbon technologies with the help of the European Strategic Energy Technology Plan (“SET-Plan”). The Commission substantiates the strategic and technological targets, the planned measures and an estimation of how much private and public investment will be required for the research and development of low carbon technologies until 2020.
The detailed planning objectives regarding which low carbon energy source with which investment volume is to cover what percentage of the future energy demand and by when contravene the aim to first find out which possibilities exist to reduce greenhouse gas emissions in a cost-efficient manner. As a consequence of climate change protection, they lead to even larger losses of growth than necessary.