1.5°C would be less than the cost of permitting global warming to reach 2°
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New automobiles using internal combustion engines will be phased out by 2035.
Astuto spoke at an event co-hosted by RIS, the Ministry of External Affairs
According to T&E, the target of green hydrogen and e-fuels providing 5.7 percent of total transportation energy is not supported by facts.
Ending the EU’s reliance on Russian fossil fuels, which are exploited as an economic and political weapon and cost European taxpayers almost €100 billion per year, and addressing the climate problem are both urgent priorities. Europe can reduce its reliance on Russian fossil resources more quickly by acting as a unit.
The entire amount is unclear based on the drafts. It might be around 200 billion euros, according to EU sources.
The manufacture of hydrogen necessitates the presence of technical systems capable of producing hydrogen. A new sector might take off soon, with a worldwide market worth billions on the horizon.
In the aftermath of the cost-of-living crisis, which has seen gas and fuel prices skyrocket, Von der Leyen’s address focused on energy. She said that the European Union is presently “seizing its moment” in response to “Kremlin blackmail” by reducing its reliance on fossil fuels.
The European Commission provided an overview of a proposal to make Europe self-sufficient in Russian fossil resources long before 2030 on March 8, 2022.
“Despite the conflict, Ukraine continues to pursue plans for novel energy technologies in particular, as well as the development of hydrogen energy.”
