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Deal on energy efficiency law

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Friday, 15 June 2012

Deal on energy efficiency law

Negotiators from the European Parliament, Commission and Council reached a deal on the Energy Efficiency Directive last night (13 June). But it fails to achieve its initial purpose of reaching 20% energy savings by 2020, the Parliament's chief negotiator has warned.
Claude Turmes, the Green MEP from Luxembourg who was leading the negotiation on behalf of the European Parliament, appeared moderately satisfied after the agreement was struck.
“This deal will give a boost to Europe's economy and help achieve our energy security and climate goals," he said.
"The new energy efficiency legislation sets out binding measures, which will go a significant way towards bridging the current gap the EU is facing with regards to meeting its pledge to reduce energy consumption 20% by 2020,” he explained.
However, just last week, Turmes had calculated that the current compromise would result in only 14.5% total energy savings by 2020, well short of the 20% goal that member states had previously agreed on in principle at an EU summit in 2007.
Before entering the negotiation with member states and Commission yesterday, the outspoken Green MEP told EurActiv that the Parliament would settle for a 15% energy savings goal as an "absolute minimum”.