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Knauf Insulation reaction to the decision of the European Council on the EU’s 2030 Framework for Climate and Energy policies
By Knauf Australia on October 24, 2014

Lost opportunity of a generation

Making the world a better place doesn’t happen overnight. It takes ambition and time. Lots of time.

Lost opportunity of a generation

Making the world a better place doesn’t happen overnight. It takes ambition and time. Lots of time.

Yesterday, the European Council watered down the European Union’s energy efficiency targets for 2030 to 27%.

Overnight we lost 16 years. And we lost our ambition.

We have just seen one of the most important opportunities of a generation slip through our hands,” said Barry Lynham, Group Director of Strategy and Communication for Knauf Insulation.

We expected leadership, instead we got compromise. We expected ambition, instead we got a step backwards.”

Many forward-thinking EU Member States had shared a vision for a minimum target of 30% across Europe.

And no wonder.

Like Knauf Insulation, they saw the opportunities that an ambitious binding energy efficiency target would bring.

They saw the millions of jobs that would be created through the energy efficient renovation of housing stock; they saw the end of their addiction to foreign energy; the saved billions that could be reinvested into growth and the beginning of a responsible new world where the vulnerable were free of fuel poverty.

Instead, the message from the Council was ‘business as usual’ as far as energy efficiency is concerned.

Except, of course, it’s not business as usual.

The Council’s message to Knauf Insulation and the rest of the energy efficiency industry is clear, ‘Leave Europe and make your investments elsewhere’,” said Lynham. 

Ends

 

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