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Europe must get serious about energy conservation

 Europe must get serious about renovating homes to ease energy crisis. Over
40% of EU gas Import Is used to heat buildings, and one-third of European
homes use gas to heat. Reducing energy demand and accelerating the use of
renewable energy through more insulated homes will help put Europe’s
energy dependence on a new foundation.

Brussels has already promised a “wave of innovation” as part of the EU Green Deal. Now is the time for
member states to start this in earnest. Shortly before the end of last
year, the European Commission proposed a new law to renovate the most
energy-hungry buildings prior to yet another EU summit discussing the
energy price crisis.

Approximately €18 trillion is available, including
€670 billion from the Recovery Fund, one-third of which is allocated to
climate change measures. Research Showing that people want to live in
energy-efficient homes, they expect the government to accelerate the
transition to more environmentally friendly buildings. We need to align
this political will and the desires of the people with the vision of
reliable financing of the warm and affordable homes we want to live in and
the laws and policies to make it happen.

 FT 25th Jan 2022

January 27, 2022 - Posted by | ENERGY, EUROPE

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