EU leaders guard economies in climate battle
BRUSSELS (Reuters) - European Union leaders argued over plans to curb climate change on Wednesday, with Italy and Poland calling for caution during the economic crisis and other nations arguing that new green industries will spur growth.
The meeting in Brussels had been expected to focus on how the EU would reach its goal of cutting carbon dioxide emissions by 20 percent by 2020, but was overtaken by failing banks, plunging stock markets and warnings of recession.
The 27-nation bloc hopes to lead the world in battling global warming, mindful of U.N. predictions of more extreme weather and rising sea levels.
Eastern European countries and some of Europe's traditional industries say the plan is too costly in light of the crisis, but several EU leaders said that rescuing the economy and the planet could go hand in hand.
"It is not time for the EU to go backwards, we have to be the frontrunners," said Finnish Prime Minister Matti Vanhanen.
But east European countries called for the rest of the EU to recognize their economic difficulties, in a statement signed by Poland, Hungary, Bulgaria, Estonia, Latvia, Lithuania, Romania and Slovakia.
Poland threatened to veto a December deadline for adopting the climate change plan unless it is altered to shield the coal-based Polish economy from the cost of emissions cuts.
"It is a difficult poker game in which Poland is ready to present its veto if there are attempts to force us into agreement on the climate package next month," Foreign Minister Radoslaw Sikorski told Reuters. "We cannot agree to that."
Italy called for more flexible ways of reaching the goals, and Prime Minister Silvio Berlusconi said he thought leaders would agree to put climate negotiations on hold for a while.
NEW JOBS
The move to a new economy could create opportunities for European companies, French Prime Minister Francois Fillon said.
"What is at stake is a competition worldwide over who will be the leaders -- which companies will bring the most effective products to market first, at the right time and the best price."
European employment chief Vladimir Spidla said jobs lost in Europe's older industries could be balanced by jobs created in new green industries -- such as wind turbines or electric cars.
Some leaders linked the climate change battle to EU efforts to reduce the bloc's dependence on oil and gas imports.
Energy security has soared to the top of the EU agenda since Russia's invasion of Georgia highlighted the frailty of a key transit route for gas to enter Europe from the Caspian region -- a route aimed at improving the EU's range of energy choices. Continued...
