From 26 to 28 September in Nantes the first Climate Chance brought together 2000 participants from around the world: authorities, business, associations, unions, scientific and citizen driven organizations. After the Paris Agreement in December 2015 and six weeks prior to COP22 in Morocco, this international summit aims to pool experiences to fight climate change. Veolia is partnering the event. Its CEO Antoine Frérot spoke during the plenary session on 'Financing climate action'. A focus on the main points of his speech.
If we want to fight climate change it must be more expensive to pollute than to clean it up. By charging for pollution, low-carbon solutions become economically viable, and the amounts collected will finance cleaning it up. It is estimated that a price of €30 or €40 per tonne of CO would massively reduce greenhouse gas emissions.
« Putting a robust and predictable price on carbon - in other words one that incorporates the cost of the climate externality - is the only way to make CO capture cheaper than releasing it into the atmosphere, cleaning up less costly than polluting. In the absence of a deterrent carbon price that would charge for using the atmosphere as a 'greenhouse gas discharge », everyone is free to emit unlimited amounts of CO,' said Antoine Frérot.
Climate change results in particular from a linear economic logic, of the type extract-manufacture-throw, which takes ever more natural resources and generates significant amounts of greenhouse gas emissions. Today it is about creating a circular economic model, in which the waste produced by some - heat from data centres, the calories in wastewater, biogas from landfills, inherent energy produced in factories, etc. - become resources for others.In 2015, Veolia avoided 6 million tonnes of CO and reduced its greenhouse gas emissions by 16 million tonnes - in total the equivalent of a European city with 2.7 million inhabitants. The 2020 target: to reduce, in total, 100 million tonnes of CO emissions in its own facilities and 50 million tonnes in those of its customers. Over the period 2015-2030, Veolia has set a progressive internal price of €31 per tonne of CO in relation to its investment projects.
More :
>The Veolia climate blog: 'A low carbon economy is achievable' by Antoine Frérot
>The Paris Agreement, a historical commitment
>Veolia's climate solutions
>Veolia's corporate social responsibility (CSR)
Veolia Environnement SA published this content on 27 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 September 2016 15:40:05 UTC.
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Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
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- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
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Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).