Energy bills are set to rise after tough EU clampdown on greenhouse gas emissions
Energy bills will rise but thousands of jobs could be created in green industries under a European plan to impose the world’s most stringent restrictions on greenhouse gas emissions.
The UK Government has voiced support to the proposal tabled in Brussels for a new, much more onerous EU target for cutting carbon dioxide even though other nations with higher emissions have failed to commit to reciprocal action.
Ministers have abandoned their previous condition that the world must agree a legally binding treaty on emissions before the EU commits to a tougher target. It is thought that solar energy and other renewable energy methods are the main way to achieve the tough new targets.
The EU has already gone farther than the rest of the world by making a legally binding commitment to cut emissions by 20 per cent on 1990 levels by 2020. It is now preparing to raise the target to 30 per cent despite the failure of December’s climate change summit in Copenhagen.