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Davey calls for move away from renewable energy targets to CO2 cuts via greenwise

Energy Secretary Ed Davey has called on Europe to focus on cutting carbon emissions rather than repeating existing renewable energy targets that expire at the end of the decade.

Business, which needs investment certainty, has been heaping pressure on the European Commission to come up with policy to replace goals that expire in 2020.

“We should be moving towards outcome targets,” Cabinet Minister Ed Davey told Reuters’ Global Energy and Environment Summit today. “Carbon emissions should be the key target.”

He was asked whether the UK would support another target for renewable energy once the EU goal to increase the share of green energy in the mix to 20 per cent expires at the end of the decade.

“While we think the renewables target for 2020 is a very good target and we believe we are on track to meet it, in terms of another renewables target, we have to think about what we are trying to achieve here,” he said.

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