Non binding Renewable targets effectively means game on for Shale in the UK. This is a key component of the momentum shift towards Shale Gas being a reality in the UK. The coverage from this over the next 48 hrs should push us through the 15c barrier.
http://www.telegraph.co.uk/finance/newsbysector/energy/10588121/European-Commission-to-ditch-legally-binding-renewable-energy-targets.html