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Last Updated: Wednesday, 10 January 2007, 18:17 GMT
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At-a-glance: EU energy plans
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The European Commission has put forward far-reaching proposals to tackle climate change and boost security and competition in the EU's energy market.
The commission is aiming for a new "industrial revolution" leading to a low-carbon economy. It is based on three pillars:
A true internal energy market
- Separating energy production from energy distribution by boosting competition and curbing the power of Europe's energy giants
- Strengthening independent regulatory control of the energy sector
Accelerating the shift to low-carbon energy
- At least 20% of all EU energy should come from renewable sources by 2020 and 10% of vehicle fuel from biofuels, and these targets should be made binding for the first time
- The EU should also increase by at least 50% its annual spending on energy research for the next seven years
Energy efficiency
- The commission reiterates the objective of boosting the efficiency of energy use by 20% by 2020
- The commission proposes that the use of fuel-efficient vehicles is accelerated; tougher standards and better labelling on appliances; improved energy performance of the EU's existing buildings and improved efficiency of heat and electricity generation, transmission and distribution
- The commission also proposes a new international agreement on energy efficiency, based on a 30% cut in greenhouse gas emissions by all developed nations by 2020.
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