“Unequivocal” is the word used by the Intergovernmental Panel on Climate Change now uses to describe the warming of the climate system. The Stern Review on the Economics of Climate Change states: “The costs of stabilizing the climate are significant but manageable; delay would be dangerous and much more costly. … Stabilization would require emissions to be at least 25% below current levels by 2050, and perhaps much more. Ultimately, stabilization – at whatever level – requires that annual emissions be brought down to more than 80% below current levels.”
A big part of those emissions are from industrialized countries. For those countries, mandatory cut-back proposals of at least 30% in 2020 are needed.
G8 2007 gave green light for negotiations at United Nations Climate Change Conference in Bali in December 2007 for a post 2012 (post Kyoto Protocol) climate change agreement. And on the G8 summit in Tokyo in July 2008, the G8 leaders pledged “to move to a carbon free society” through cutting global emissions by 50% in 2050. They agreed to seek to share and adopt it with all Parties to the United Nations Framework Convention on Climate Change.
We are actively focusing on energy efficiency
At Philips we clearly support those developments as can be seen in our activities. We have been focusing on increasing the energy efficiency of our products along with other environmental improvements since 1994, and in our manufacturing activities since 1984.
We’ve steadily reduced energy consumption of many products in our portfolio, such as TVs and lighting solutions. Indeed, if new lighting technologies were adopted around the world, the savings would include 555 million tons of CO2 emissions and more than EUR 100 billion in energy costs per year. Moreover we have set ourselves a target to reduce our operational carbon footprint by 25% in 2012.