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Confindustria chief slams new EU environmental targets

Squinzi writes to Letta saying objectives hurt Italian companies

16 January, 15:43
Confindustria chief slams new EU environmental targets (ANSA) - Rome, January 16 - Giorgio Squinzi, who heads Italian employers' association Confindustria, has urged Italian Premier Enrico Letta to pursue realistic environmental targets that companies are able to achieve at acceptable costs.

Squinzi made the comments in a letter to Letta.

"The targets to be achieved need to be realistic and achievable at a lesser cost for companies, in a way as to safeguard their competitiveness and avoid negative impact on the economy and on all society," Squinzi said. Squinzi went on to express "strong preoccupation for the deliberations the European Commission is set to adopt on January 22 with regards to European climatic and energy objectives in 2030 that will then be presented for examination to the single governments and to the European Parliament".

In particular, Squinzi said Confindustria considered the "position taken that is contained in the joint letter sent by a group of environment ministers, inclusive of the Italian one, to the Commission as formal backing of the ambitious and obligatory objective of cutting greenhouse emissions by 40% on a domestic level, cannot represent the position of the Italian government" as the the EU objectives on energy emissions and renewable energy "risks further penalizing Italian companies".