Oil companies say EU fuel proposals "unachievable"

Newswire

BRUSSELS, Jan 31 (Reuters) - The European Commission's proposal that oil companies reduce greenhouse gas emissions from the refining and use of oil is not realistic, industry body Europia said on Wednesday. "It's unachievable," Peter Tjan, the head of the European Petroleum Industry Association, told Reuters. The proposals seek to cut emissions from oil's "life cycle" from the ground to a car's exhaust by 10 percent from 2011-2020. Tjan said the European biofuels market was not ...

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