EU: A 30% CO2 cut would be cheaper than we thought

Raising the European Union's 2020 emission reduction target from 20% to 30% would be much less costly than was assumed in 2008, and the effort could be shared fairly among governments, according to a draft EU document.The analysis could reignite the debate over whether the EU should boost its climate ambitions. The economic downturn has made emissions cuts easier to achieve but also has reduced the ability of governments and companies to make the necessary investments.The EU ...

Developed by Codecraftsman