EU SUMMIT Merkel says no deal yet on renewable energy, but still hopeful |
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Fri, 09 Mar 2007 00:30
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- German chancellor Angela Merkel said EU leaders failed to reach an agreement tonight on a mandatory target for renewable energy sources, but added that she remains hopeful of a deal.'I'm still hopeful. I'm not without hope,' Merkel said after chairing the opening session of the EU summit here.She said leaders will resume talks tomorrow on a proposal for a binding target of 20 pct for renewable energy sources by 2020.She failed to back French president Jacques Chirac's push to have nuclear energy included as a renewable source of energy.She said nuclear energy does not qualify as renewable energy, but added that it could play a role in reducing the EU's dependency on carbon-based fuels.Energy concerns are at the top of agenda of the two-day summit.victoria.main@afxnews.comafp/vmCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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EU SUMMIT Presidency's Merkel urges 'realistic' stance on global warming 