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The Government says it needs £110bn of investment in new energy production plant to keep the lights on. That's slightly down from the £120bn figure the Department had cited earlier, but it needs to be qualified. That sum is "needed" to meet EU climate change target of a 20 per cent reduction in CO₂ emission by 2020 using renewable energy production. Given the worldwide retreat from carbon dioxide mitigation policies, and the current financial situation within the EU, it's unlikely that a single European government will adopt a similar commitment, with a similar kind of energy mix.