Tuesday, January 15, 2008

UK facing stringent renewables targets

This from the Financial Times (you need to register [free] to read the entire article) suggests that the EU targets that the UK will receive next week are going to be pretty tough to meet.

"officials in Brussels and Whitehall have told the Financial Times that Britain will have to increase its use of renewables as a share of all energy use from about 2 per cent to 13-14 per cent by the end of the next decade."

"Britain has the lowest renewables share of any major EU country: only Malta and Luxembourg have less."

Given that Tony Blair was warned that his agreement to the overall 20% target by 2020 was unachievable, this could get very interesting. "Mr Blair was warned by the former Department of Trade and Industry that the scheme was unachievable and costly, but he overruled ministers."

I wonder what the level of fines the UK is going to have to pay for failing to meet the targets will be?

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