Mit ‘greenhouse gas emissions’ getaggte Beiträge

By Tony Barber in Brussels/ The Financial Times

Published: January 21 2008 02:00 | Last updated: January 21 2008 02:00

The European Union should fight climate change with a broad-based carbon tax rather than by setting precise targets for the use of biofuels and renewable energy, according to a team of British economists.

Europe Economics, a London-based consultancy, argues that biofuel targets amount to „a form of state support for an environmentally and -economically harmful activity designed to consolidate existing price support mechanisms for vested interest groups, most notably farmers“.

On Wednesday, Stavros Dimas, European environment commissioner, will present a plan for tackling climate change that aims to cut EU greenhouse gas emissions by 20 per cent of their 1990 levels by 2020. The Commission’s proposal that biofuels should account for 10 per cent of road transport fuels has been questioned in many quarters, including by the Joint Research Centre, the Commission’s in-house science institute.