EU’s Green Energy Plans Take Shape

New EU legislation aimed at having green energy account for 20 percent of the union’s overall energy consumption by 2020 is taking concrete shape, with draft proposals indicating that each EU state should contribute at least 5.75 percent to an overall target. Rich member states will carry a heavier burden, however.Full Story
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Energy and political risk in 2008

Energy prices are likely remain high - though rendered volatile by geopolitical risks and market speculations - due to increasing demand, while supplies remain constant and terrorism targeting energy infrastructure will pose a grave danger to the world economy, but the use of the energy as a weapon by the West and Russia is unlikely. [...]

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