Essen, 03 December 2009, RWE AGThis pressinformation is more than two years old

UN Climate Summit: RWE calls for future for CDM

  • CEO participation at Copenhagen event on 15 December 2009
  • Essent e-scooters on European tour to Danish capital

One of the most important environmental events of our time, the UN Climate Summit in Copenhagen, is getting underway on Monday, 7 December 2009. For RWE, the overall aim is to establish a global carbon trading scheme which will provide security for long-term investment planning for European companies. Decision-makers face the task of setting up a post-Kyoto climate protection agreement which includes long-term emission reduction aims and sets out market-based instruments for climate protection activities. Both elements will provide the basis for reducing CO2 emissions to two tons per capita on a global scale.

Key instruments for achieving a global market for carbon are the Kyoto Protocol’s ‘Clean Development Mechanism’ (CDM) and ‘Joint Implementation’ (JI), the two flexible mechanisms which already play an important role for European companies under the European Emissions Trading Scheme. Current European legislation does not guarantee CDM/JI a strong future in the years to come. Both lead to uncertainty for potential investors in climate protection projects.

Dr. Juergen Grossmann, CEO of RWE AG: “Climate change does not stop at national borders. The decisions to be taken in Copenhagen will be decisions that will govern the European or possibly a global CO2 price in the future. Copenhagen will affect investment decisions in Europe and beyond and should provide the necessary planning security we require in the energy business and for our climate protection projects.“

Grossmann expects Copenhagen to boost CDM across the globe: “At RWE, we’re putting a lot of effort into our 120 CDM projects world-wide. We have developed projects with companies and authorities in four continents and would like to develop more projects.” RWE participates in projects in China, India, Egypt, South Korea, Ukraine, Chile, Vietnam and many other countries that cover power generation from renewables, methane and nitrous oxide abatement as well as energy efficiency measures (e.g. energy-saving light bulbs and waste heat utilisation).

Grossmann continued: “We appeal to decision-makers at Copenhagen to ensure CDM and JI are tied into a future climate protection agreement. RWE stands by its capex commitment of €6.5 billion per year in renewables, modernisation of our power plants and grids. It is essential CDM and JI projects are part of all international climate protection schemes. They ensure climate protection is carried out all over the world and not limited to industrial countries. Also, they are efficient and effective tools for climate protection.”

15 December: Copenhagen event of the Federation of German Industries

Juergen Grossmann will be participating in a side event at the Copenhagen conference on 15 December 2009 entitled “Fostering Climate Protection: Sustainable Business Concepts for Tomorrow”, which will be hosted by the Federation of German Industries (BDI). He will be joined by Dr. Norbert Roettgen, German Federal Minister for the Environment, Nature Conservation and Nuclear Safety; Prof. Dr. Ottmar Edenhofer of the Intergovernmental Panel on Climate Change, Deputy Director and Chief Economist of the Potsdam Institute for Climate Impact Research; Prof. Dr. Hans-Peter Keitel, President of the BDI and Spokesman of the Board of Trustees of econsense; Dr. Wulf Bernotat, Chief Executive Officer of E.ON AG and Ulrich Grillo, President of the German Non-Ferrous Metals Association and Chairman of the Executive Board of Grillo-Werke AG. The event is to be moderated by Dr. Werner Schnappauf, Director General of the BDI. Journalists are welcome to attend (6 - 8 p.m., Copenhagen Bella Center, EU Pavilion, Room Schuman).

100 Essent electric scooters depart for Copenhagen

On 2 December 2009, „The Road to Copenhagen“ e-scooter tour set off from s’Hertogenbosch in the Netherlands for Copenhagen. Around 100 students are participating in the tour in three stages each, which will take them through Germany and Denmark as they compile a declaration on the future of e-mobility. The students are expected to reach Copenhagen on 15 December, where they will hand the declaration over to the Dutch Environment Minister Jacqueline Cramer and Juergen Grossmann. The students will be taking part in discussion rounds on climate change as well as visiting innovation projects. They will be attending an e-mobility event hosted by ‘RWE Effizienz GmbH’ in Essen on 4 December and visiting the RWE power stations at Lingen on 7 December. Check for more on the tour.

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: This pressinformation is more than two years old