Actions proposed in the European commission's forthcoming second strategic energy review fall short of what is needed to accelerate transition towards low-carbon economies in Europe and make up for dwindling fossil fuel supplies, according to an analysis of draft elements of the review by Green MEPs.
The analysis was released ahead of the review's publication on Thursday. Authors criticise the commission for wanting "little more than a 15 per cent reduction in oil use by 2020" and for underestimating future oil prices.
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