Cameron Says EU Renewables Goal May Cost U.K. Billions
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Prime Minister David Cameron urged the European Commission to reject calls for a renewable energy target, saying the proposal would cost British consumers 9 billion pounds ($14.8 billion) a year by 2030.
In a letter to Commission President Jose Manuel Barroso, Cameron said the U.K. prefers a single target to reduce greenhouse gases instead of a set of three goals, including one for renewables, in the European Union’s new policy framework for the next decade.