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Key priorities for the EU and the case of Greece
A. DAGOUMAS
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der to replace the existing antiquated energy system. Instead, the main financial effect
of decarbonisation would be to shift spending from fossil fuel resources to low-carbon
technologies.
EU targets for 2030 include:
• a 40% cut in greenhouse gas emissions compared to 1990 levels
• at least a 27% share of renewable energy consumption
• at least 27% energy savings compared with the business-as-usual scenario
11
Figure 1. Gas dependency of each EU Member State from Russia, source:
European Commission COM/2014/330
11.
Ibid.