The case for a European low-carbon economy

In order to protect its future prosperity from the effects of climate change, Europe must move away from its current high-carbon path, to one built on sustainable growth and clean sources of energy. Lord Nicholas Stern makes the case for European governments to lay out a clear vision for a low-carbon economy. He argues for measures that include decarbonising the EU’s power sector by 2030, a true European ‘super-grid’, and the introduction of strong carbon prices across Europe that take into account greenhouse gas pollution. Until the economic crisis, the EU was a great example to the world of what cooperation can achieve. By promoting a sound vision for a low-carbon economy, it could be again.

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