Europe targets 20% emissions cut by 2020

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The European Commission has pledged €60bn a year to cut green house emissions 20% by 2020.

President José Manuel Durão Barroso says the action, which amounts to about €3 a week for all Europeans, reflects "a new vision" on sustainable development. He refuted the argument the changes come at too high a cost, saying "we can not put our heads in the sand and hope for the best”. “The struggle against climate change and the quest for secure, sustainable and competitive energy touches on every European, every day,” Barroso says. “The package of measures proposed… is the most far-reaching legislative proposals to be made by the European Commission for many years.” Europe aims to rea...

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