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A steel furnace: The steel industry is 'relieved' that Brussels has not called for a unilateral jump to a 30 percent cut (Photo: Wikipedia)

Brussels ‘opens debate' on jump to 30% CO2 cuts

The European Commission has come out in favour of a unilateral jump to a 30 percent cut in greenhouse gas emissions but is reluctant to say so too loudly.

On Wednesday, the EU executive endorsed an analysis that showed that as a result of the economic crisis and its accompanying decline in industrial output, the costs of moving from its current commitment of a 20 percent cut in emissions to 30 percent were not as significant as once thought.

Since 2007, the EU has said it would mo...

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A steel furnace: The steel industry is 'relieved' that Brussels has not called for a unilateral jump to a 30 percent cut (Photo: Wikipedia)

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