Denmark’s Petersen Sees EU Reaching 2030 Climate Deal in October

Denmark’s Climate and Energy Minister Rasmus Helveg Petersen said he’s confident the European Union will reach an agreement on 2030 energy and climate policies in October.

He commented in a phone interview from Copenhagen after an informal meeting of environment ministers in Athens.

ON DANISH POSITION ON 2030 CLIMATE AND ENERGY PACT:

“We obviously want ambitious goals. We want at least a 40 percent reduction in CO2 emissions in comparison to 1990. We would prefer a common, binding 30 percent target for renewables and a 2030 binding energy efficiency objective, which is to be based on the results of the forthcoming review of the energy efficiency directive.”

“I think even those concerned with the commission’s proposal acknowledge that there are climate changes and there is an international agenda that demands action from the EU side. I’m quite confident but I’m not saying that it’s easy. It’s not meant to be easy, it’s difficult. But we have our agenda, we fight for it and I feel confident it’ll lead somewhere.”

ON EU CARBON-MARKET RESERVE PROPOSAL:

“I would prefer stronger action taken to repair the emissions trading system.”

“It’s still too early to make a precise count on how countries will vote but I find it a very constructive proposal from the German minister.”

ON EU ENERGY SECURITY AND CLIMATE OBJECTIVES:

“I want to see these two challenges jointly because our long-term objectives to protect our climate are joint with our long-term objectives of energy independence, of lessening the import of fossil fuels from other countries. So if we manage to do energy efficiency and promote renewables and trade energy more freely with each other, we will also in the long-run solve our dependency on imports of fossil fuels.”

“This question did not exist as an issue three months ago and is now one of the big issues in energy policy.”

To contact the reporter on this story: Ewa Krukowska in Athens at ekrukowska@bloomberg.net

To contact the editors responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net Andrew Reierson, Rob Verdonck

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