The Climate and Energy Package obliges member states to pursue a common aim - to increase the share of renewable energy to 20% in the general energy balance of the European Union by 2020. This is a challenging task, since the renewable energy sector requires significant financial support to increase its competitiveness, compared to traditional energy sources. When adopting the Energy Package, leaders of member states did not anticipate the economic crisis and its impact on the European Union’s economy, and on the energy sector in particular.
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