Dong Energy has called on UN leaders to ensure a global climate agreement at COP21 – saying it will give investors a “final push” for the next decade.
The developer said it believes there will be a “major breakthrough” in the next 10 years where green energy becomes cheaper than black energy but it needs support from political leaders to ensure this happens.
The statement was made today as delegate in Paris prepare to draw up an initial agreement after the first week of negotiations.
Dong said if green energy is to become cheaper than fossil fuels, CO2 emissions must be priced at a level that more “fairly reflects the damage the inflict on the planet.”
It added that the industry must ensure a “significant downward pressure” on the costs of renewable energy, and political leaders must ensure that the use of fossil fuels become more expensive.
Dong chief executive Henrik Poulsen said: “With a global climate agreement at COP21 I hope that the world’s political leaders will join us in making an effort to ensure that in the future, it will simply be too expensive to choose energy technologies that pollute our environment.
“If political leaders, the industry, regulators and investors provide a final push, the world will see a major breakthrough within the next decade.”
Image: Borkum Riffgrund 1 offshore wind farm (Dong Energy)