Brussels proposes tradable credits to boost renewables
Renewable energy will become a serious player across the EC energy market by 2010 if proposals in a Green Paper published by the European Commission at the end of November are accepted by Member States.1 The Commission wants to double the renewables' market share to 12% by 2010. Its main proposals for achieving the target - a system of tradable renewable energy credits, minimum EC taxes on conventional energy sources, and measures to improve renewables' access to electricity grids - are likely to receive a hostile reception from electricity utilities. The UK, currently at the bottom of the EC renewables league, has already said that it regards the target as too ambitious.
Sorry you do not have access to this article. Please contact Customer Support at
or call 020 8267 8120