News Column

David Mowat Asks if the EU Has Abandoned Climate Change

Jun 18 2013 12:00AM

Marketwire

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WARRINGTON, UNITED KINGDOM -- (Marketwired) -- 06/18/13 -- Climate change is an issue that has attracted the attention of political entities for years, and the European Union (EU) had a plan in place to try to fight this issue by reducing carbon emissions. David Mowat, Parliament member, explains that the Energy Bill was created to facilitate efforts of the United Kingdom to participate in the reduction of carbon emissions and the adoption of sustainable energy resources. Mowat supported this bill and still believes in the spirit of the piece of legislation; however, he now notes that political leaders need to create better defined goals in order to get countries to work together to address climate change.

In a recent article, Mowat analyzes the efforts that have taken place since the adoption of the Energy Bill and concludes that the United Kingdom is one of the only countries that have actively worked to both reduce carbon emissions and improve the level of sustainable energy resources upon which it relies. He asserts that the UK is responsible for only 2 percent of global carbon emissions and that it is poised to act as a role model for other countries that are hoping to reduce their impact on the environment; however, he asserts, other countries seem to be losing interest in the continued pursuit of this goal.

One of the examples that David Mowat provides is Germany -- a country that he believes demonstrates the flaw in the Energy Bill precisely. Germany is, Mowat explains, considered a best in class country with regard to green initiatives. While it is true that the country has implemented plenty of renewable energy resources, upon which this ranking is based, it is also true that it has not worked to reduce carbon emissions to the degree that it could have.

"Germany produces around 20 percent more carbon per head than the UK and about 25 percent more per unit of GDP," asserts Mowat. "The issue here is that Germany burns much more coal than we do, as does Holland, Italy, Spain, Belgium, and Ireland. Now this might be acceptable if high carbon countries had a clear plan to burn less coal in the future. But not only does no such plan exist, incredibly more coal stations are being built."

Instead of basing the Energy Bill and other initiatives on the adoption of renewable energy sources, Mowat asserts that the EU would be better off targeting the reduction of carbon emissions if it hopes to have any impact on the current climate crisis. While there are many different economic and social factors to consider with regard to changing power structures, Mowat asserts that the EU is certainly capable of creating a solution if it focuses on the right goals.

David Mowat encourages residents within the EU to speak up about their support of renewable energy and the reduction of carbon emissions.

ABOUT

Previously the Global Managing Partner for Energy with consultancy Accenture, David Mowat was elected to the UK Parliament in May 2010. His interests include banking reform, energy and climate policy, and the regional economies. Since September 2012, he has been Parliamentary Private Secretary to Greg Clark the Financial Secretary to the Treasury.



Source: Marketwire


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