EU pressures oil companies to fight climate change


BRUSSELS, Jan 31 (Reuters) - The European Commission proposed on Wednesday that oil companies cut greenhouse gas emissions from the production, refining, transport and use of fuel in a new set of rules aimed at fighting global warming. The proposals, which confirmed a Reuters report, seek to cut emissions from oil's "life cycle" from the ground to a car's petrol tank by 10 percent from 2011-2020. The Commission, the European Union executive, said the move would cut emissions by 500 million ...

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