Monday, November 15, 2010

Spain Renews its Commitment to Clean Energy at the G20 Conference

Spain is already a leader in clean energy and they are looking to green to grow their economy and provide jobs. Spain also acknowledges the need for reforms in markets driving the energy sector in order to help expand the green economy.

Ahead of the recent G20 conference in Seoul, Korea, European Commission President Jose Barroso said the G20 must remain committed to a sustainable green economy. In a statement he said, "The G20 must not waiver in their efforts to come to a more sustainable management of our resources and a greener economy,"

"Subsidies for fossil fuels must be gradually withdrawn," said Barroso. "We also must continue our efforts to reduce the price volatility of oil and other commodities," he added.

The Spanish Prime Minister, Jose Luis Rodriguez Zapatero, said the green economy will help to address high unemployment in Spain. Zapatero indicated that ecologically sustainable industries could produce around a million jobs in the country over the next decade and help the country climb out of the economic crisis.

"The green economy represents a great potential to generate employment in the future and also to help with technological advances and to make economies more competitive," Zapatero said on the Spanish television network RTVE.

Spain has ambitious yet realistic goals including doubling the amount of freight that travels by rail in the next 10 years. Spain also aims to have 250,000 electrically powered cars on its roads by 2015.

At the G20 conference, Zapatero highlighted Spain's dedication to renewable energy and indicated that his country has set a new record by having 70 percent of its energy needs being supplied by clean sources, including wind and solar.

Zapatero also stressed that leading economies need to work towards market reforms as the world prepares for COP16 scheduled for the end of November in Cancun, Mexico. Spain is leading the way through sustainable economic growth and green jobs.


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