by Guest Contributor Jeff Spross.
Agreement in Denmark’s parliament this week cleared the way for passage of climate targets that would outstrip the recent goals set by the European Union.
The bill would establish a legally binding requirement that Denmark cut its greenhouse gas emissions by 40 percent below 1990′s levels by 2020, and that the government return to the question every five years to set new 10-year targets. The legislation would also establish a Climate Council — modelled on a similar body in Britain — to advise the government on the best ways to continue reducing Denmark’s reliance on fossil fuels.
The bill is backed by the Social Democrats, the Conservative People’s Party, the Socialist People’s Party, and the Red-Green Alliance.
Denmark’s present and former governments have already committed the country to a goal of 100 percent renewable energy generation by 2050, and the new bill is seen as a concrete step to achieving that goal.
A 40 percent reduction from 1990 levels by 2020 is on par with carbon emission cuts the National Research Council advised America to take on in 2010. It’s also noticeably more ambitious than the target the European Parliament recently passed — to cut emissions 40 percent below 1990 levels by 2030 — for the European Union as a whole.
The broader EU target remains non-binding until it’s approved by the governments of the individual countries that make up the group. And debate remains on exactly how the target should be divvied up amongst the member states. So Denmark moving forward with more ambitious cuts at the individual level would put it ahead of the curve set by most of its peers on the Continent.
Denmark is also part of the Emissions Trading System (ETS), Europe’s cap-and-trade system for cutting carbon emissions, which will likely serve as the main driver of both Denmark’s reductions and the EU’s as a whole. Unfortunately, the unexpected drop in economic activity from to the 2008 recession, along with some inherent design flaws, drove the price of carbon permits under the ETS to remarkable lows. That removed the incentive for firms in Europe to cut their carbon emissions, leaving the entire system stalled in limbo.
The ETS’ problems have served as a learning experience for other, newer cap-and-trade systems like California’s. And reforms are in the works in the EU to get the ETS back on its feet.
Meanwhile, Denmark has already been making substantial progress on the climate front. According to numbers that Responding to Climate Change pulled from the Danish Energy Agency, renewable energy accounted for 43.1 percent of Denmark’s domestic electricity supply in 2012, and for 25.8 percent of all energy consumption in the country that year. The year before that, renewables provided 23.1 percent of Denmark’s electricity consumption.
This article, Denmark Is About To Outstrip European Climate Goals, is syndicated from Clean Technica and is posted here with permission.
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