BREAKING NEWS

Energy companies lobby EU for deeper carbon cuts

By REUTERS

MARCH 4, 2011 01:14

BRUSSELS - Several of Europe's biggest energy companies said on Friday they would support deeper cuts to greenhouse gas emissions.

The move -- by firms including including Britain's Scottish & Southern Energy, Denmark's Dong Energy and Dutch firm Eneco -- highlights a growing rift between traditional heavy industries, which oppose tougher climate action in the EU, and a number of clean technology and service industries that want to go further.

They issued their statement ahead of EU climate commissioner Connie Hedegaard's launch of a strategy paper next Tuesday outlining her vision of the future.

Hedegaard's strategy will not seek to propose a new unilateral target, but is expected to highlight that energy saving measures could put the EU on track for a 25 percent cut at little cost to industry.

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