Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-296-250"

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"en.20120911.32.2-296-250"2
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"Achieving an energy saving of 20% will require the EU to invest EUR 800-1 200 billion in the next decade. The pay-back period of the investments is usually between four and eight years and they will create numerous jobs and trigger innovation. It is possible to involve EU funding sources, as well as private sources, including on the basis of revolving funds. Other resources of around EUR 400 billion may be achieved by 2020 directly from energy savings. An important source of savings may be the renovation of buildings which account for 40% of the EU’s energy consumption. The estimated annual rate of building renovations of 2% would have to increase to 3% if the target of a 1.5% yearly end-use energy saving obligation in the EU is to be achieved. I fully support all measures aimed at saving energy in the EU."@en1

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