French President Calls for Greater CO2 Cuts

09/17/2012

The president of France, Francois Hollande, called for greater cuts in carbon dioxide in the European Union beyond the 20 percent by 2020 targets. Hollande recommended a 40 percent reduction by 2030 and 60 percent reduction by 2040 as he sought to put the environment back at the top of the international agenda. "We have an ambitious strategy," said Hollande, adding that he planned on defending the targets to the EU. The member bloc has said that it will consider moving towards a 30 percent by 2020 reduction if other wealthy nations follow suit, but that it is looking increasingly unlikely due to member opposition and the euro zone crisis. Hollande also confirmed plans to cut the share of nuclear power in the nation from the current 75 percent to 50 percent by 2025, and said that new tenders for wind and solar power will be launched before the end of 2012. For the full story, see http://uk.reuters.com/article/2012/09/14/us-france-environment-nuclear-idUKBRE88D0CP20120914