Arab Today, arab today eu weighs new climate goals economic needs
Last Updated : GMT 23:00:43
Arab Today, arab today
Arab Today, arab today

EU weighs new climate goals, economic needs

Arab Today, arab today

Arab Today, arab today EU weighs new climate goals, economic needs

Brussels - AFP

The EU will announce climate change targets for 2030 next week but sharp differences over priorities and an unwillingness to take the lead while global rivals hang back may result in a modest compromise deal. The 2020 programme is widely judged a success but some argue this means the European Union can now actually ease up to focus on a struggling economy while others want a more ambitious package to keep the momentum going. European Commission head Jose Manuel Barroso will unveil the new package on Wednesday, ahead of a March EU leaders summit, and is also expected to propose new rules on the controversial 'fracking' extraction of shale gas. Barroso will also address ways to boost the EU's carbon dioxide emissions market, meant to help combat global warming but which has so far disappointed. The current 20-20-20 EU programme is based on a binding 20 percent cut in CO2 emissions by 2020, compared with 1990 levels. Member states are also supposed to source 20 percent of their energy from renewables and achieve a 20 percent energy efficiency gain by the same date. The European Parliament's environment committee wants a more ambitious and binding 40-30-40 package, but such targets are opposed by those who insist that national governments should decide their country's energy mix, not the EU. EU Climate Commissioner Connie Hedegaard meanwhile backs the CO2 reduction target of 40 percent. "That implies an additional but not excessive effort," said one source close to the negotiations ahead of Wednesday's formal announcement. By end-2012, the EU had cut CO2 emissions by 18 percent, putting it on course for perhaps 24 percent by 2020. Perversely, this success takes some of the pressure off for a 40 percent target on the view the EU is already doing more than its fair share while competitors such as China and India lag behind. EU Energy Commissioner Guenther Oettinger and Industry Commissioner Antonio Tajani are ready to accept a 35 percent reduction target, sources said. "Nothing has been decided yet," said one source while another said a figure of 38 percent was on the table. If the CO2 reduction target is 40 percent, then renewables might be fixed at 27 percent; if the cut is 35 percent, renewables could be 25 percent, the source close to the negotiations said. "Renewables have become a bargaining chip," the source said, with many also opposed to their being made a binding target. Economic powerhouse Germany is switching into renewables as its closes down its nuclear power plants and so is anxious to ensure its peers do not get a free ride to its disadvantage. "For this reason, Germany wants 28 binding national targets (for renewables) but France, Britain, Spain, Poland and most East European countries will not accept having their energy mix dictated to them," the source close to the negotiations said. Sigmar Gabriel, German vice chancellor who also heads the new economy and energy super ministry, showed no signs of compromising earlier this week. "Without a binding CO2 reductions target and a binding target for renewables development, we would never have achieved the progress we have made," Gabriel said. Europe must stick to this course, in light of international climate negotiations but also to push through the "reorganisation" of German and European energy of systems. "A clear and binding 30 percent 2030 target for the development of renewable energy is part of that," Gabriel said. An official from another large EU member state said that might be difficult. "We cannot fix a target without addressing the distortions caused by the various support mechanisms, state aid and pricing for renewable energy," said the official who asked not to be named. "There is a problem with Germany," said another official, noting that Berlin was already in trouble with the EU over the subsidies it offers to encourage the renewables sector.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu weighs new climate goals economic needs Arab Today, arab today eu weighs new climate goals economic needs

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday