EU warns that CO2 cits will add costs to economy
EU targets to cut carbon dioxide emissions will add costs to the European economy in the short-term but these will be outweighed by the greater cost of doing nothing, European Commission President Jose Manuel Barroso said today.
EU leaders will on Thursday and Friday vote for new targets to cut CO2 emissions by 20% by 2020, promising to go further if other world regions join them.
