EU energy chief calls for new renewable energy targets.

(From Guardian Unlimited)

New renewable energy targets to go beyond 2020 must be negotiated within the next two years, the European Unions's energy chief said on Thursday.

G'nther Oettinger, energy commissioner, said new targets were needed for 2030, to enable businesses to plan ahead, as the current targets to produce 20% of Europe's energy from renewable sources run out in 2020. Oettinger was introducing a new EU energy roadmap to 2050 , which showed that opting for a very high renewables component to the energy mix would be no more expensive than opting for alternative scenarios that placed more emphasis on nuclear power or coal and gas with carbon capture and …