Synopsis
"The E.U. 2020 renewable energy target is hugely and unnecessarily expensive," said Simon Moore, author of the think tank's report, "2020 Hindsight." "The target diverts current and future resources away from measures that could save the same amount of carbon at lower cost, such as energy efficiency, nuclear and carbon capture and storage. ... The U.K.'s commitment to meeting the E.U.'s renewable energy target is actually damaging the goal of global carbon reduction," Moore added."