EU Climate Goals Require $2.7 Trillion in Energy Infrastructure Investment ...Middle East

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European energy infrastructure needs $2.7 trillion in investment to reach the EU’s climate goals by 2050 and keep Europe competitive on a global scale, lobby group the European Round Table for Industry (ERT) said in a new report on Tuesday. The EU’s ambition to be a carbon-neutral bloc by 2050 requires massive investments in energy infrastructure, including grid expansion, power storage, and infrastructure for low-carbon hydrogen and carbon capture, ERT said. “This is not a mere upgrade but a fundamental transformation…

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Last updated : 09 April 2024 clock 01:08 PM

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EU Climate Goals Require $2.7 Trillion in Energy Infrastructure Investment ...Middle East

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