Friday, February 8, 2013

Budget deal cuts EU energy spending, promises climate focus

Reuters: An EU budget haggled out in marathon talks on Friday cut deeply into a new transport and energy fund and sacrificed ambition to make farming greener, but broke ground by committing a fifth of spending to the climate. Spending for cross-border transport, energy and telecoms projects was one of the main victims of the focus on austerity. It was chopped to just under $40.14 billion, down from an initial proposal that had earmarked 50 billion. "This is at least a door opener for interconnecting...

URL: http://www.reuters.com/article/2013/02/08/us-eu-budget-environment-idUSBRE9170XC20130208?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29

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