EUROPEAN OIL AND GAS INDUSTRY WANTS A SINGLE SIMPLE 2030 ENERGY TARGET

THE REPRESENTATIVES of the European oil and gas industry would like to see one single target to be achieved by the energy sector until 2030 to fight climate change, going against the two targets proposed by the European Commission.In a major policy paper looking to reduce carbon emission beyond 2020, the European Commission said on January 22 that it would like to set a mandatory GHG emissions reduction target of 40% by 2030, an increase of 20% from the current 2020 target. But – importantly – it also wants to influence how this is done – it wants the share ...


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