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Investing in energy-saving technologies will reduce CO2-emissions more than investing in renewable energy, says EU business (Photo: European Community, 2005)

EU should favour energy efficiency over renewables, says industry

by Jochen Luypaert, Brussels,

The European Union should focus on increasing energy efficiency rather than on promoting renewable energy if it wants to keep its industrial base and tackle climate change, a major EU business confederation has said.

"By saving on the use of energy, we'll keep our industrial base in Europe which is important for jobs and growth," Ernest-Antoine Seillière, president of BusinessEurope - a Brussels-based business confederation representing 20 million European companies - said on Monday (26...

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