Word: barroso
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Barroso said the cost is low compared to the high price of inaction. "The longer we delay, the higher the costs of adaptation and mitigation," he said, adding that the overall price tag of the plan, at around 0.5% of E.U. gross domestic product, represented value for money over the long term. "This amounts to about three euros a week for everyone. A real commitment, but not a bad deal...
...compared to 1990 levels, and would ensure that 20% of Europe's energy by then comes from renewable sources like wind, solar and hydroelectric power. "Our proposals should reduce Europe's reliance on imported gas and oil by around 50 billion euros by 2020," explained Barroso. "These are figures with a real impact on our growth and prosperity...
...plan raises the prospect of carbon tariffs on imports from countries that fail to sign up to a global climate change deal, such as the U.S. and China. "We want industry to remain in Europe. We don't want to export our jobs to other parts of the world," Barroso said...
...However, Barroso insisted that the E.U.'s ultimate goal was not to slap on trade sanctions, but to secure a worldwide agreement on cutting emissions. "This is about global warming, global climate change, not only climate change in Europe. We've got to put our proposals in such a way that we bring others with us," he said. The proposals, he said, would also give Europe more energy security and make it less dependent for supplies "on regimes that are not our friends...
...trading partners, key E.U. member states and even environmentalists, the plan is unlikely to emerge unscathed if and when it becomes law, which even under the most optimistic scenarios won't happen until 2009 at the earliest. But grasping the nettle now could pay off big down the line, Barroso says: "Europe can be the first economy for the low-carbon...