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EU faces energy policy vacuum after 2020

2013-04-24 15:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: EU ministers meeting in Dublin stood far apart on what energy and environment policy could follow a set of 2020 targets, with a binding legal deal unlikely before 2015. Energy firms, with long investment cycles, say there is an urgent need for a new EU policy framework. Debate has become much harder following economic crisis and the shale gas revolution, which has handed the United States the advantage of cheap energy. EU heavy industry argues too much regulation will add to Europe's competitive...

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