EU to set new energy savings target at 30pc

BRUSSELS, July 23 (AFP): After months of tough negotiations, the European Commission will recommend a new energy savings target of 30 per cent on Wednesday as part of plans to combat global warming, an EU source said.
The source, who asked not to be named, said the 2030 programme figure would be announced at a press conference by EU Energy Commissioner Guenther Oettinger due at 1215 GMT.
The press conference was due originally at 1015 GMT but was delayed as negotiations continued, an EU official said.
In January, the Commission, the European Union's executive arm, said the 28-nation bloc should cut its greenhouse gas emissions 40 per cent by 2030, with renewable accounting for 27 per cent of energy use.