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Green Fury As Europe Considers Scrapping Binding Renewables Targets

Europe In Full Retreat On Unilateral Climate Policy


European commissioners are considering scrapping a binding target for renewable energy for 2030, a move that would please big utility companies but infuriate environmentalists. Discussions have been influenced by mounting concerns that the generous subsidies supporting renewable energy in the EU are driving up energy costs for European industry and undermining its competitiveness, especially compared to the US. --Christian Oliver, Financial Times, 13 January 2014
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