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EU unveils new energy policy

The European Commission announces what it says are the world's most ambitious targets for fighting climate change.

The policy outlines Europe's moves to boost renewable fuels, cut consumption and curb its dependence on foreign suppliers of oil and gas. Brussels also intends to scale back the dominance of energy companies and to strengthen regulators. However some EU members worry this may lead to more countries turning to nuclear power. Joanna Partridge reports for Reuters.

These wind turbines and solar panels could become a much more familiar sight across Europe - if EU governments approve the European Commission's new energy policy.

Climate change lies at the heart of Brussels' proposals for the 27 nation bloc.

The EU wants to increase the use of renewable fuels, cut energy consumption and reduce its dependence on foreign suppliers of oil and gas.

European Commission President Jose Manuel Barroso challenged other nations to join the fight against climate change but also said the EU needs to act now:

"This is why we propose an European commitment now to reducing European Union greenhouse emissions by at least twenty percent by 2020 as compared to 1990 levels."

Although Barroso said it wasn't up to the Commission to tell countries whether to include nuclear power in their energy mix or not, the Commission's report says shutting nuclear reactors will make it harder to cut greenhouse gas emissions.

Some in Germany won't welcome this report.

Germany is committed to turning off its nuclear power stations by 2020, although some government members including Chancellor Angela Merkel have said they may need to reconsider the phase-out plan.

The EU proposal also contains a recommendation to scale back the dominance of energy companies and inject more competition into the sector.

Joanna Partridge, Reuters