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European Union to Propose 2030 Climate Framework by 2014

The European Union plans to propose next year or in 2014 a framework for reducing greenhouse gases in the period until 2030 to ensure regulatory stability necessary for investments in clean technologies.

The proposal will “provide a long-term perspective on how the EU will move ahead from its 2020 targets to continue the trajectory toward a low-carbon economy,” the European Commission said in a policy paper on its work program published today in Strasbourg, France.