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BBCNEWS World Business Report July 6, 2024

so let s now get down to business and, as you ve been hearing, a stark warning has come from the head of the united nations that the world is sending out a distress signal and our planet is changing at a catastrophic rate. antonio guterres was speaking at the cop27 summit in egypt, where over 100 world leaders are gathering. last year, many economies pledged to reach net zero by 2050. but then things changed, europe s energy market was hit by russia s invasion of ukraine, and now countries face the prospect of blackouts and rationing of energy supplies. in response, germany, italy, the netherlands, greece and hungary have all extended production of coal and have re opened previously closed facilities. so can european countries still meet their net zero pledges? tim mcphie is spokesperson for climate and energy at the european commission. we have very dramatic challenges before us but we have written into law legislation that all member states have to follow. 0ur net z ....

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BBCNEWS World Business Report June 4, 2024 05:34:00

Coal representing about 2% with 3% of the total electricity generated in europe. actually, in the same period, we have added almost twice as much solar and wind power. so whilst coal is a short term fix, renewables is where we are really making our investments, and our targets, actually the commission is proposing to go even further. 0ur response to this crisis is actually to go faster. ~ ., ., this crisis is actually to go faster. ~ . ., , ., this crisis is actually to go faster. ~ . ., ., faster. what are you hoping to achieve this faster. what are you hoping to achieve this week? faster. what are you hoping to achieve this week? i faster. what are you hoping to achieve this week? i think - faster. what are you hoping to | achieve this week? i think what we need to achieve this week? i think what we need to do achieve this week? i think what we need to do is achieve this week? i think what we need to do is regain - achieve this week? i think what we need to do is regain a ....

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BBCNEWS World Business Report June 4, 2024 05:32:00

Tim mcphie is spokesperson for climate and energy at the european commission. we have very dramatic challenges before us but we have written into law legislation that all member states have to follow. 0ur net zero target for 2050. also targets to reduce our emissions. so europe is staying course, those tigers remain our guidance for legislation for all of our member states and we continue toward working towards that target. ....

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