Friday, March 04, 2011

EU moots link between resource efficiency and budgetary targets


The European Commission is preparing to publish a set of resource efficiency targets in a paper this summer, potentially forcing member states to limit their consumption of fuels, minerals and water, amongst other items.

Presenting the commission's seventh and final flagship initiative under the EU's 2020 strategy for growth and jobs on Wednesday (26 January), European environment commissioner Janez Potocnik said the targets could also be linked to the recently introduced 'European Semester', a reporting system for co-ordinating and surveilling member state budgets.

"If we look at forecast population growth over the coming century and increased consumption in emerging markets, then it is obvious that we cannot continue as present," said Mr Potocnik.

See full Article.