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Trillion euro shortfall facing EU energy sector says Lords Committee

Posted on 02 May 2013

Investment totalling a trillion Euros is required before the end of this decade if the European Union is to stave off an energy crisis. That is the conclusion of an eight-month inquiry by the House of Lords into the EU power sector.
The Lords report says that a muddled Brussels energy policy is putting off big investors. In addition, it says there needs to be greater support for Europe’s emissions trading system (ETS)………………………………………..Full Article: Source


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