Sunday, May 19, 2013

EU juggles economic, environmental crises


The European Union's executive started a debate today on EU climate and energy rules as the crisis-ridden bloc seeks a long-term plan to cut greenhouse gases and promote clean power technologies.

While the 27-nation bloc is making “good progress” toward its 2020 goals to boost the share of renewable energy and cut greenhouse gases, a framework for the subsequent decade is needed to give investors legal certainty, spur innovation and prepare for a global climate deal, the European Commission said in a consultation paper published in Brussels.

The commission invited member states, the European Parliament, industry groups and non-governmental organizations to submit until July 2 their views on EU objectives for 2030.

See full Article: http://www.smh.com.au/business/carbon-economy/eu-juggles-economic-environmental-crises-20130328-2gvez.html