In a joint declaration, the CEOs of Fortum, Statkraft and Vattenfall encourage the EU to increase its climate ambition to match the Paris Agreement.
The CEO:s of the Nordic energy companies encourage the EU to increase its climate ambition to match the Paris Agreement and to enshrine the 2050 climate neutrality target in European Climate Law. Based on this, a cost-efficient emissions reduction pathway with coherent intermediary targets for 2030 and 2040 needs to be established.
On Thursday, 7 November, the CEO:s of the three energy companies appeared at a joint Nordic Coalition event in the European Parliament. Magnus Hall, Vattenfall President and CEO said:
“Vattenfall is committed to power fossil-free living within one generation. With the start of a new European political cycle, I believe Europe has an unique opportunity to take decisive political action towards becoming a climate-neutral economy by 2050, powered by clean electricity. We therefore strongly support the alignment of the EU’s 2030 and 2050 climate targets with the Paris Agreement in order to give a strong signal, encouraging the decarbonization of the EU economy”.