The EU's aim for net zero by 2050 is insufficient to meet the Paris Agreement and limit warming to 1.5°C. To avoid climate catastrophe, Europe needs to rethink auctions for renewable energy and reintroducing support for small scale supply, argue Hans-Josef Fell and Dr Thure Traber.
Despite broad public acceptance, investments in renewable energy sources in Germany and the EU have been dramatically decreasing. The failing legislation and exclusion of citizen investments in renewables are jeopardising the Energiewende, writes Hans-Josef Fell.
The European Union must wake up to a new post-Paris Agreement reality. It needs an ambitious climate action plan to regain its credibility as a “climate leader” and send the right signals to investors, argues Hans-Josef Fell.