Green energy needs milestones to grow: EU Commission

BRUSSELS (Reuters) - Europe must agree on 2030 goals as soon as possible to spur investment in renewable energy, or green power growth will fizzle after 2020, the European Commission said on Wednesday in its latest strategy statement.

BRUSSELS (Reuters) - Europe must agree on 2030 goals as soon as possible to spur investment in renewable energy, or green power growth will fizzle after 2020, the European Commission said on Wednesday in its latest strategy statement.

Many in the renewable energy sector agree on the need for strong guidance, and they want legally binding targets. But some of the EU's 27 member states strongly oppose new legal goals for renewables and would favor non-binding milestones or nothing at all.

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