Energy company Vattenfall supports policy makers in Poznan towards viable climate policy framework

One of Europe's leading energy producers, the Vattenfall Group has announced a plan for being car-bon dioxide neutral by 2050. Participating in the “Business Day” at the United Nations Climate Change Conference in Poznań, Poland, Vattenfall CEO and President Lars G. Josefsson spoke on how new technology is crucial to developing sustainable energy production. He further stated that the business community welcomes clear policies and guidelines from politicians.

On Tuesday this week, during the “Business Day” at UNFCC’s ongoing climate conference in Poznan, the message was clear: the business community has much to contribute towards a viable solution on the cli-mate issue, but the industry needs better guidelines.

Vattenfall’s Group’s President and CEO Lars G Josefsson spoke at the Business Day, in his role as Presi-dent of EURELECTRIC, the industry organization of European power companies. His focus was infrastruc-ture and urbanization – transition scenarios from obsolete to new technologies.

Mr. Josefsson has for many years been active in engaging the business community in the fight against cli-mate change. Earlier this fall he was instrumental in securing a commitment from energy companies from the world’s leading industrial nations to reduce carbon dioxide emissions by 60–80 percent by 2050.

Reinforcing Vattenfall’s commitment to the issue is their Climate Signature Initiative. A sea of orange figu-rines placed in central Poznan represent the over 220,000 individuals that have signed Vattenfall’s Cli-mate Change Manifesto.

There are three demands in the manifesto:

We need a global price on CO2 emissions
We need more support for climate friendly technology
We need to implement climate requirements for products

Vattenfall has reduced its levels of carbon dioxide emissions by one third since 1990. An additional third will be cut by 2030, and the last third will be reduced before 2050. This plan will be achieved by investing in a number of available clean energy sources. According to Lars G Josefsson, there is not one solution, but several.

Vattenfall plans to achieve a three per cent decrease in carbon dioxide emissions between the years of 2008 and 2010. CO2 emissions are to be cut by half per produced unit of energy by 2030, compared to 1990 levels.


Multimedia News Release which includes downloadable video footage, hi-res photos, and related docu-ments at:
http://mnr2.world-television.com/vattenfall/poznan

Downloadable Press Stock Footage on Vattenfall’s business:
http://www.vattenfall.com/www/vf_com/vf_com/370103press/1298727video/index.jsp

For more information, please contact:
Edvard Lind, press contact, the Vattenfall Group + 46 8 739 56 74
Email: edvard.lind@vattenfall.com