FRANKFURT (Thomson Financial) - Germany's economy minister Michael Glos plans to call on the European Union to loosen the country's emission targets, taking account of its planned nuclear-power phase-out, Handelsblatt said, citing a document it obtained.
In a letter to German environment minister Sigmar Gabriel, Glos invoked the example of Sweden, which was granted more lenient carbon dioxide emission targets by the EU in the early 1990s because it abandoned nuclear power generation, the paper said.
The EU is currently trying to determine each member state's contribution to the bloc's emission targets for the 2013-2020 period.