EU Power, Gas Market Coordination Can Help Cut CO2, Exxon Says
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Closer integration of the European Union’s natural gas and power markets can encourage a shift to less-polluting fuels in the bloc’s member states and help reduce carbon-dioxide emissions, according to Exxon Mobil Corp.
The 27-nation EU needs to make sure that the importance of natural gas “is not lost” in the debate about the bloc’s climate and energy policies, Linda DuCharme, director of Europe, Russia and the Caspian at Exxon Mobil International Ltd. said in an interview in Brussels on Oct. 5.