France, Germany to propose joint EU energy plan
6th Dec 2007
France and Germany will present a joint alternative by the end of January to European Commission proposals that seek to break up big utility firms and spur competition in gas and electricity markets.
McKinsey has performed its own cost estimate around carbon reduction strategies, and concluded that reforestation and energy saving measures can provide around half of the required adjustments. The analysis significantly downplays perceived threat to economic growth.