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Monday, 14 March 2011

Britain, Germany to lead push for deeper CO2 cuts

The European Union should deepen cuts to greenhouse gases beyond the current 20% target by the end of this decade, according to environment ministers from seven EU countries, including Britain and Germany. Such cuts would not only help protect the climate but would also shelter Europe from future spikes in the price of oil, said a joint statement from the ministers, also including those from Spain, Denmark, Portugal, Sweden and Greece. The statement comes ahead of a meeting of the EU's 27 environment ministers in Brussels on 14 March, and one week after EU Climate Action Commissioner Connie Hedegaard laid out a strategy showing a low-cost route to 25% emissions cuts in 2020.

Source: Euractiv