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Join the discussion on reducing GHG emissions, ensuring affordability and supply security, and transitioning to cleaner energy sources at the European Parliament public hearing. Explore the challenges and solutions in energy policy, climate change, and sustainable development. Discover how to shift from coal to gas, invest in new technologies like CCS, and set sensible emission targets for a greener future.
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On the Road to 2030Public Hearing – 25th April 2013European Parliament, BrusselsDavid Odling, Oil & Gas UK
The EU’s Energy Policy Triangle Reduced Emissions of GHGs – by 20% in 2020 and 80% in 2050, since 1990 EU Affordability / Economic Competitiveness Security of Supply
A Tale of Two Worlds OECD Non OECD Quadrillion BTUs Quadrillion BTUs Other Renewables Biomass Nuclear Coal Gas Oil Courtesy: ExxonMobil’s 2013 Outlook for Energy
What should be done? In terms of energy policy and climate change: Coal and coal fired power generation: - the over-riding problem worldwide - a solution is needed more than anything else 2. In military terms, this means - big bangs costing affordable bucks EU’s current policies are - small bangs costing unaffordable bucks 4. Gas in place of coal as quickly as possible 5. Much more R&D of new technologies, such as CCS A sensible EU policy for emissions ahead to 2030 - not multiple, over-lapping targets
