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Monday, April 9, 2012

UK TO URGE EU ON EMISSIONS TARGETS - The Financial Times Ltd

Posted - Last updated: April 8, 2012 7:07 pm - By Jim Pickard and Pilita Clark

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Britain will push to deepen the European Union’s 2020 carbon reduction targets at talks in Denmark next week in a sign of renewed government commitment to the fight against global warming.
The UK will seek a 30 per cent cut in greenhouse gas emissions from 1990 levels, an increase from the 20 per cent target at present, Greg Barker, climate change minister, told the Financial Times in an interview. An informal April 19 meeting, to take place in Horsens in eastern Denmark, aims to offer ministers the opportunity to have “an open and frank debate” about the world’s largest emissions trading scheme.
Mr Barker said tougher emissions reduction targets were needed if the European emissions trading system was to fulfil its aim of encouraging investment in low-carbon energy sources.

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