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Showing posts with label EU issues. Show all posts
Showing posts with label EU issues. Show all posts

Monday, March 17, 2008

UK will fight turbulence - Brown


Prime Minister Gordon Brown has promised that the UK and other EU countries will "lead the way" in fighting "global financial turbulence".

He told MPs that an EU summit at the weekend had agreed "co-ordinated action at a European and global level".

Tory leader David Cameron said the UK was suffering from not "putting money aside in the good years".

It came as an ICM poll suggested the Tories had a 13-point lead over Labour and were trusted more on the economy.

Markets have recorded heavy losses in reaction to the emergency bailout of US investment bank Bear Stearns.

Full Story

The U.K. to the rescue!

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Wednesday, January 23, 2008

EU energy: revolution for the UK?


The targets our island nation is supposed to achieve, remember, are several: a 20% jump in energy efficiency, 10% of vehicle traffic powered by biofuels, and 15% of energy derived from renewable sources.

How EU states achieve the targets is up to them; the UK already has a raft of policies in place to stimulate the growth of renewables, and may have to draw up new ones if and when the commission's proposals are endorsed by the European Parliament and Council of Ministers.
The renewables target is particularly challenging because it refers to overall energy use, rather than just electricity.

To get an idea of the scale of the challenge, look across to Sweden.
If we don't do anything in addition to what we have now, I would bet that we won't get there
Rob Gross. Because Sweden already derives 40% of its energy from renewable sources, it received a much higher target than Britain for 2020 - 49% against Britain's 15%.



This article is signifigant because of the changing face of energy on our planet. The UK is making big promises to try to reach 49% renewable energy by the year of 2020.
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