Britains face a bill of more than £6bn a year to meet EC’s tough emission targets to be released today
Britain could be facing a bill of more than £6bn a year to meet tough new emissions targets about to be published today by the European Commission (EC) in an effort to reach the European Union’s 20% energy target from renewables iby 2020.
José Manuel Barroso, EC president, said this week the cost of the proposals across all 27 member states would be €60bn (£44bn) a year, or 0.5% of gross domestic product, according to The Times.
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