A group of the top executives from leading international energy companies said it recognized the importance of EU climate goals but others were less supportive. The European Commission called for a reduction in greenhouse gas emissions of 40 percent from the 1990 benchmark by 2030, an increase from the 20 percent target envisioned for 2020 for members of the European Union. A “more market-orientated approach” would help increase the share of renewable energy to 27 percent by 2030. The Magritte Group, a consortium of chief executives from leading energy companies, said it recognized the emissions target as a “crucial” element to a successful European energy policy. The approach adopted by the commission “is of utmost importance in shaping the energy transition to a low carbon future,” the group said in a statement Wednesday. Jason Anderson, director of climate and energy programs at the WWF’s […]