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Business
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| Number of pages / Number of words: |
15 / 4142 |
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The European Commission approved a reference value of 2 percent relating to the utilization of fossil energies to be earmarked individually by each state for 2005. However, the idea of granting great latitude to these states backfired. Twelve of the formerly 25 member states refrained from stipulating aims equitable to or greater than the indicated level...
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However, the idea of granting great latitude to these states backfired. Twelve of the formerly 25 member states refrained from stipulating aims equitable to or greater than the indicated level. Moreover, eight of the countries, which devised adequate values, failed to deliver these targets. At present, the biofuel utilization is gauged to revolve around 1 percent, which resides beneath the reference value and beneath the 1...
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