Energy bosses' EU-wide policy call

Eight energy giants have called on EU leaders to push through a Europe-wide approach to policy in the sector.

As EU leaders meet in Brussels, the companies flagged up the need for a long-term commitment to carbon reduction to help fix the continent’s emissions trading scheme (ETS).

Peter Terium, CEO of RWE said: “In recent months we have supported a structural reform of European emissions trading. This economic instrument has proven its worth and we are convinced that it continues to be the best method of achieving the EU‘s climate protection targets.

“In terms of the upcoming reform, it is important for us to achieve rapid political agreement on long-term CO2 reduction targets, which would ultimately lead to a Log in to read complete article.

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