VOL. XLIII

No. 50

11-December-2000

EU

European Union Looks To Reduce Reliance On Oil

The European Commission (EC) on 29 November adopted a green paper on energy supply security which is expected to lead to moves to reduce the European Unions (EU) dependency on oil for transportation and power generation. Launching the document, Loyola de Palacio, EU Vice-President In Charge of Energy and Transport, said: Confronted with both increasing external dependence and the urgency of the fight against...