Commission tables ambitious proposals to fight climate change and promote renewable energy in line with EU commitments.
The EU agreed on ambitious carbon cuts last year. Now it needs to follow through with action to meet the targets – and benefit the economy too. Hence the proposals unveiled on 23 January.
"This week the European commission will move to turn the European Union's commitments into concrete action," president Barroso said. "Tackling climate change is crucial to safeguard the future of our planet. It also brings major new opportunities for Europe. The time has come to seize them with confidence, and with both hands."
The proposed measures include:
* an improved emissions trading system (ETS) covering more emissions and allowing firms in one EU country to buy allowances in any other
* an emission reduction target for industries not covered by the ETS (e.g. buildings, transport, waste) so that everyone is contributing
* legally enforceable targets for increasing the share of renewables in the energy mix – the targets will reflect each country's individual needs and its potential
* new rules on carbon capture and storage and on environmental subsidies.
See full Press Release.
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