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EU industry warns grid shortfalls could thwart low-carbon economy

By Juliane von Reppert-Bismarck ( January 26, 2009, 17:55 GMT | Insight) -- Time is pressing for investments to be made in Europe's low-carbon economy and delays in developing a pan-European power grid pose a dangerous obstacle to Europe meeting its environmental goals, Vattenfall and Enel executives warned on Monday. Enel said it also expected the Italian government to continue to push for access to carbon offset credits.Time is pressing for investments to be made in Europe's low-carbon economy and delays in developing a pan-European power grid pose a dangerous obstacle to Europe meeting its environmental goals, Vattenfall and Enel executives warned on Monday....

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