ECONOMY ENVIRONMENT INVESTMENTS

Klemm: Romania, U.S. can create economic opportunities allowing companies come up with innovative solutions

Romania plans to reduce greenhouse gas emissions, increase energy production from renewable sources, and improve energy efficiency. This will not be an easy task, but together Romania and the United States can achieve these goals and create economic opportunities for our companies to supply innovative solutions, adopt new technologies, and solve these energy challenges, notes U.S. Ambassador in Bucharest Hans Klemm in an op-ed on climate change action.

The U.S. diplomat reminds that Romania has already adopted the European Union’s ambitious 2030 Framework for climate and energy, which includes a binding target to cut emissions by 40 percent of 1990 levels throughout the EU by 2030. As part of this agreement, Romania has already committed to contributing to global efforts to reduce emissions.

“With leaders and representatives from almost every nation on earth convening in Paris, there is an historic opportunity to strike a far-reaching and durable climate agreement. We have the political will and groundswell of social support to make it work, but we will need to come together and be pragmatic in order to reach a deal. For brighter skies today and a more secure tomorrow, now is the time to act,” continues the Ambassador.

Referring to the 21st Conference of Parties (COP21) in Paris, the Ambassador says that now, more than ever, there is social and political will to do something about the rise in global temperatures and its ripple effect through the environment.

“From rising seas across the globe and the melting of Greenland’s sheet ice to the bleaching of coral reefs around many coasts, the signs of climate change are all around us. As a global society, we are at a critical juncture where our decisions today will help shape the climate our children and children’s children will be born into. But this is not just about the future. There are immediate benefits to keeping pollutants out of our environment: cleaner air, lower energy costs, and new growth industries,” says Hans Klemm.

In connection with the U.S. attitude towards climate change, Klemm says that his country has “a bold approach” toward this phenomenon on its territory.

“The United States is taking bold action on climate change at home as we work with partner nations to do the same. Since President Obama took office, the United States has reduced carbon emissions, tripled domestic wind energy production, and increased solar power twenty fold. We’ve put in place stringent new fuel economy standards so that our cars use less gas, energy use is more efficient, and an historic amount of land and water has been protected for future generations. At the same time, the U.S. economy has expanded, proving that growth is not inextricably linked to carbon output,” notes the American diplomat.

Going forward, the Clean Power Plan will cut emissions from the U.S. power sector – which makes up a third of the nation’s carbon emissions by 32 percent by 2030 and will save more than 50 billion dollars in climate and health-related costs in the process, he states.

“With countries like China, India, and Brazil now pledging to reduce emissions, we have a serious chance to put in place a transformative plan. In Paris, the United States will push for an effective agreement that continues to drive ambitious climate action by all countries, while recognizing the differences among them,” Klemm specifies.

“Cities, businesses, and individuals all play critical roles in turning climate policy into action. Former New York Mayor Michael Bloomberg is spearheading the C40 effort that links megacities in proactive steps to tackle climate change. More than 80 companies including Alcoa, Coca-Cola, and Wal-Mart have signed the American Business Act on Climate Pledge, committing to actions such as investing in renewable energy and reducing waste,” Klemm also mentions.

Related posts

Eurostat: Romania, EU leader in May industrial production increase

Nine O' Clock

Silicon Forest, the newest technology hub in Cluj, is being launched

Nine O' Clock

PM Orban at the General Assembly meeting of members of the Coalition for Romania’s Development: Liberalisation of the electricity and natural gas market won’t take place as of 1 January 2020

NINE O'CLOCK