What happened
The IEA announced, in its ‘State of the Energy World Report,’ that 2017 is the cut-off date to take drastic steps towards lowering CO2 emissions. Governments must strive to avoid the 2ᵒC increase in global temperature. The economic crisis has not helped to achieve this global goal. The EU has seen a decline in investment in the energy sector, for much needed infrastructure upgrades and the urgent establishment of renewables.
Background
The EU’s energy...