European Commission Presents New Energy Efficiency Action Plan

The European Commission has announced its Energy Efficiency Action Plan, a package of measures designed to reduce EU energy consumption by 20 percent annually by the year 2020. "By saving energy, Europe will help address climate change, as well as its rising energy consumption and dependence on fossil fuels imported from outside the Union's borders," said EU Energy Commissioner Andris Piebalgs. "The direct cost of our energy consumption could be reduced by more than 100 billion euros annually."

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