Europe. German industry sees a reduction of up to 30 percent of that country's carbon dioxide (CO2) emissions as feasible by 2020, as proposed by Chancellor Angela Merkel.
A study by the Confederation of German Industry (BDI), presented in Berlin, calls Merkel's proposal "ambitious but feasible."
The report "Costs and potential of reducing greenhouse gas emissions", carried out by the consultancy McKinsey & Company, points out that 26 percent of this decrease would occur in the German productive sectors, while the remaining five percent would be obtained with a combination of renewable energies.
The consultancy advocates for the advancement of research on the energy sector, especially in the techniques of "carbon capture and storage" and argues that, with an annual increase in energy efficiency of 1.6 percent, two percent of productive growth can be achieved each year.
(PHOTO: Germany)
