EREC Press release 2020 Roadmap 17 11 01 - European ...

goals a reality and prove Europe’s credibility and responsibility. The Renewable EnergyDirective needs to be adopted as quickly as possible.” concludes Zervos.Clean industry and investment have proven again and again that they offer high quality, longtermprofits and returns. Thus, the current financial turmoil is not a justification for delayingaction on climate change, but rather an opportunity to address both the financial and climatechange crises the world faces.“What we need is a new economic paradigm. Business as usual is not an option anymore.The fight between environmental protection and economic development is over. We need tocreate sustainable markets for the future, a new green deal as a basis for a prosperousEuropean economy”, analyses Lins.The EREC Technology Roadmap 20 % by 2020 is available in English & French onwww.erec.org.---------------------EREC, the European Renewable Energy Council, is the umbrella organisation of the major Europeanrenewable energy industry, trade and research associations active in the field of photovoltaics, smallhydropower, solar thermal, bioenergy, ocean & marine, geothermal, wind energy and biofuels. Itrepresents an industry with an annual turnover of 40 billion € and more than 400.000 employees.ERECEuropean Renewable Energy Council Renewable Energy HouseRue d’Arlon 63-67B-1040 BrusselsBelgiumT: +32 2 546 1933F: +32 2 546 1934www.erec.orgerec@erec.org