ROCKWOOL A/S 21 October 2014
49 companies and business associations is sending a letter to the European Council calling for an EU binding energy savings target for 2030.The letter is sent to the attention of the President of the European Council, Herman Van Rompuy and the Italian Prime Minister, Matteo Renzi who is currently holding the rotating EU presidency of the Council of the EU.
Dear President,
Dear Prime Minister,
In the coming days the European Council decision on the 2030 climate and energy package will be finalised. Despite a wide understanding of the importance of energy efficiency in delivering European security, prosperity and climate action, this is not yet been turned into a concrete and ambitious political commitment.
A binding energy efficiency target of at least 40% on final energy is a key element for delivering a credible European 2030 climate and energy package.
At a time of competitiveness concerns and fears about the affordability of the package, energy efficiency offers a compelling opportunity to reconcile growth and climate needs. It also has the capacity to address heightened European energy security and resource scarcity concerns.
Competitiveness: recent Commission analysis shows a strong push for 40% energy savings in 2030 will deliver 4.5% GDP gains compared to only 1% GDP gains if a 30% target is agreed.
Lowering costs of climate action: Cutting greenhouse gases by introducing an ambitious 40% energy efficiency target could cut EU energy costs by as much as €1tr-€2tr during 2020 to 2030.
Reducing gas imports: recent Commission analysis shows that for every 1% increase in the EU energy savings, EU gas imports will fall by 2.6% - underscoring the very significant energy security benefits of a 40% energy efficiency target.
The decisions you take over the shape of the 2030 climate and energy package will determine the future security and prosperity of European citizens for a generation to come.
We urge you to move forward and turn warm words into action by putting in place a binding and ambitious 40% final energy saving target for 2030 - and put Europe on a pathway to truly sustainable growth, security and prosperity.
An initiative by European Alliance to Save Energy
with the support of
Read more about the organisation on their website
Follow the organisation on Twitter: @EUASE
See the letter on the European Alliance to Save Energy website
Paula Bateman
Global Media Relations Director
ROCKWOOL International A/S
paula.bateman@rockwool.com
twitter.com/rockwoolint
linkedin.com/company/rockwool-group
facebook.com/rockwoolinternational
The ROCKWOOL Group is the world's leading supplier of innovative products and systems based on stone wool. The Group is amongst the global leaders within the insulation industry with products and solutions for all major application areas for both residential and non-residential buildings. Together with other construction-related products such as acoustic ceilings and cladding boards, the Group ensures energy efficient and fire-safe buildings with good acoustics and a comfortable indoor climate. We also create green solutions for the horticultural industry, special fibres for industrial use, effective insulation for the process industry and marine & offshore as well as noise and vibration systems for modern infrastructure.
Our more than 10,000 employees in more than 30 countries cater for customers in a big part of the world. The Group's head office is located close to Copenhagen in Denmark. In 2013 the Group generated sales of around 2,000 million Euro. The company is listed on the Nasdaq exchange in Copenhagen.
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