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Open letter to the Heads of State of Member States of the European Union
By Knauf Australia on October 23, 2014

During the discussions around the EU’s 2030 Framework for Climate and Energy policies over the past few months, representatives from across my organisation have written to you to explain that the decisions you take on energy efficiency in this package would significantly influence Knauf Insulation’s future European investment decisions.

Dear Head of States, Dear Prime Ministers,

During the discussions around the EU’s 2030 Framework for Climate and Energy policies over the past few months, representatives from across my organisation have written to you to explain that the decisions you take on energy efficiency in this package would significantly influence Knauf Insulation’s future European investment decisions.

We have explained on numerous occasions that anything less than a 30% energy efficiency target would be a clear sign for us to divest. This is why today, the day you decide on the 2030 Framework for Climate and Energy policies at the European Council, we are shocked to understand that due to the intensive lobbying of the UK government and despite the support of many EU Member States for more ambition, the EU’s energy efficiency target for 2030 looks likely to be watered down to 27%.

27%: that is no better than business as usual.

27%: this sends a strong signal to the energy efficiency industry to “Leave Europe and make your investments elsewhere”.

In Europe the outlook for growth is bleak. In Germany, the largest European economy, investor confidence has just fallen to its weakest level in two years. This is why companies look to the regulatory context as the main driver for future market development. In fact, for my company the only sure thing that would lead us to view Europe as an attractive investment destination is a political commitment that signals the EU is serious about energy efficiency.

A strong and binding target for energy efficiency would not only drive the mass renovation of the building stock, it would drive our investment strategies right back towards Europe. Eliminating the excessive waste of energy from our buildings would reduce the building sector’s energy imports by over 60% by 2030[i] – in absolute terms almost as much as the gas we import from Russia.

It would stop hundreds of billions of euros from flowing out of Europe straight into foreign economies. It would create construction jobs at home – five times more construction jobs with a 40% target compared to a 30% target according to the Commission’s own analysis[ii]. It would deliver huge carbon savings whilst creating cost savings for consumers. It would reduce the price tag for energy by 50 billion euros by 2030[iii] by reducing demand and make companies like mine more competitive. And it would get people out of fuel poverty for good.

We urge you to show leadership today. We implore you not to put Europe’s energy transition at risk. We ask that you vote for jobs and growth through ambition on energy efficiency.

Please support an energy efficiency target of at least 30% for 2030.

Tony Robson, CEO of Knauf Insulation

 

Knauf Insulation

Knauf Insulation is one of the world’s largest manufacturers of insulation products and solutions. With 30 years of experience in the industry, we represent one of the fastest growing and most respected names in insulation worldwide.

We employ over 5.500 employees in more than 35 countries and more than 40 manufacturing sites in 15 countries., with a strong and steady financial performance with turnover of well in excess of €1.3 billion in 2013.

Our business is energy efficiency. At every level – from policymakers to homemakers – Knauf Insulation is dedicated to keeping the issue of energy-efficiency and sustainable buildings center stage.

 

 

[i] “Deep renovation of buildings: An effective way to decrease Europe’s energy import dependency”, Ecofys 2014. The report shows that 61% of the gas imported by the EU is used in its (generally very inefficient) buildings, and that building renovation can reduce EU energy imports by 60% in 2030, and by 100% in 2050 

[ii] Annex 4 and European Commission (2014), Communication: Impact Assessment for the Energy Efficiency Review

[iii] “The case for a European energy saving target for 2030”, Ecofys 2013 for the European Alliance to Save Energy http://www.euase.com/wp-content/uploads/documents/President-Barroso.pdf