EU weighs new climate goals, economic needs

EU weighs new climate goals, economic needs

The EU will announce climate change targets for 2030 next week but sharp differences over priorities and an unwillingness to take the lead while global rivals hang back may result in a modest compromise deal.
The 2020 programme is widely judged a success but some argue this means the European Union can now actually ease up to focus on a struggling economy while others want a more ambitious package to keep the momentum going.
European Commission head Jose Manuel Barroso will unveil the new package on Wednesday, ahead of a March EU leaders summit, and is also expected to propose new rules on the controversial 'fracking' extraction of shale gas.

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