The Results of Negotiations on the "Climate and Energy Package" The Energy Editorial, February 2009

An agreement has been reached last December on the Climate and Energy Package proposed by the European Commission to achieve two of the objectives set up by the European Council in March 2007: a 20% reduction of EU greenhouse gas (GHG) emissions by 2020 compared to 1990 levels (a 30% reduction in case an international agreement on climate change is concluded); and a 20% share of renewable energy sources in EU energy consumption by 2020, with a 10% target for biofuels (see Graph 1).