The 2012 EU Energy [R]evolution report demonstrates how Europe can create half a million jobs in the energy sector as well as long term savings for consumers and increased climate stability if it prioritises renewables and energy efficiency over traditional fossil fuels.
Greenpeace International senior energy expert Sven Teske said: “Every €1 rise in the price of oil costs Europeans over €400 million a month. By refocusing its energy system, the EU can cut that this dependency almost in half by 2030. Renewable energy, combined with efficiency standards for cars and buildings, will revitalise our societies and save billions of euros.”
The Energy [R]evolution will only be possible with real political leadership: The European Union and its member states will have to set the framework for a sustainable energy pathway.
EREC secretary general Josche Muth said: “There is a need for a binding 2030 renewable energy target for investor confidence, to provide a stimulus to the industry, and, most importantly, to help create new jobs and technological innovation as a way out of the economic crisis. I often hear the call for policy clarity and for clear targets to encourage companies and research institutions to make the necessary commitment to allow the sector to continue its rapid growth over the coming years.”
The report’s methodology for calculating jobs can be found below: