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Friends of the Earth: Oil companies can make it better

In a dog bites man kind of move, Friends of the Earth has issued a report in which they criticize the oil industry for not doing more to reduce their carbon footprint. The environmental organization believes that measures to increase energy efficiency - as well as forgetting about biofuels - could be the key to reducing the footprint. FotE has made a similar argument in the past. Overall, FotE says, the oil industry could reduce carbon emission by between 10.5 and 11.5 percent through the two measures. This would allow the EU to reach its target of reducing carbon emissions by 20 percent in 2020. According to Friends of the Earth, oil companies aren't telling the truth to the EU when they claim they can't reach the 2020 target, something they say to reduce legislation and increase their profits.

[Source: Friends of the Earth]

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