News

Carbon report envisions 20% cut in emissions

Published

October 7, 2015

Comments

comments icon

0

Share

Published:

October 7, 2015

Comments:

comments icon

0

Share

New research says long-term green policies will pay off after initial economic pain. Turkey could cut greenhouse gas emissions by 20% in 15 years by increasing the use of renewable energy sources – including solar, wind and geothermal power – according to a report, Anadoulu Agency’s Energy Terminal said.

Environmentally friendly policies – which may hurt energy-dependent Turkey’s finances at first – would pay off in the long run, the authors claim. The 100-page document, prepared by the World Wide Fund for Nature (WWF) and the Istanbul Policy Center, an independent research institute, was introduced at a press conference in Karakoy in Istanbul. The report comes ahead of United Nations climate change talks to be held in Paris in December, aimed at setting a new global climate change plan.

Erinç Yeldan, report author and professor of economics at Istanbul’s Bilkent University, said renewable energy sources including solar, wind, hydro and geothermal energy should account for around 40% of electricity production by 2030 in Turkey. Over 20% of decrease in our carbon emissions could be achieved, he said.

As of 2010, Turkey’s per capita aggregate carbon dioxide emissions stand at 4.13 tonnes. They score significantly below the OECD average of 10.12 tonnes, according to the report. However, Turkey’s greenhouse gas emission rate as carbon dioxide equivalent has increased in 2013 by 110.4% compared to 1990, according to figures from the Turkish Statistics Institute.

The report also says applying green policies will cause some losses in the national income at first, adding however: “After 2025, this loss will disappear… If we are patient, a new employment field through renewable energy will be created and Turkey will grow much more thanks to these policies,” Yeldan noted.

 

Related Articles

serbia eu region bef 2026 grid flexibility panel

Renewable energy ambitions must include ways to ensure grid integration

22 May 2026 - Market participants in the region have differing views of the current state of the grid, according to a panel held at Belgrade Energy Forum 2026

Greece PPC Group raises EUR 4.5 billion in capital offering

Greece’s PPC Group raises EUR 4.5 billion in capital offering

22 May 2026 - Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.

DRI operating licence for Văcărești solar park in Romania

DRI gets operating licence for Văcărești solar park in Romania

22 May 2026 - DRI has received the commercial operating license for its 126 MW Văcărești solar park in Dâmbovița county near Bucharest

SANY Renewable Energy Alibunar wind parks Serbia end June 2026

SANY Renewable Energy to start building Alibunar wind parks in Serbia by end-June

22 May 2026 - SANY Renewable Energy has signed agreements with contractors for its wind power projects Alibunar 1 and 2 in northeastern Serbia