IHS Chemical Week

Chemical Week Magazine :: Regulatory

Europe issues 2030 climate, energy framework Unilateral targets would erode competiveness, industry says

7:34 AM MST | February 7, 2014 | —Michael Ravenscroft

Hedegaard: Direction for Europe has been set. Oettinger: Framework sets a high level of ambition. The European Commission has announced a framework on climate and energy for 2030, including a reduction in greenhouse gas (GHG) emissions of 40% below the 1990 level; a binding, EU-wide target for renewable energy of at least 27% of the total energy mix; renewed ambitions for energy-efficiency policies; a new governance system; and a new set of indicators to ensure a secure and competitive energy system. The announcement has provoked diverging reactions among...

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