FACTBOX: The EU's energy and climate plan

(Reuters) - The European Commission in January presented draft reforms to the European Union's energy sector to aid the climate change fight, based on targets agreed by EU leaders last March.

France, which took over the EU presidency earlier in July, faces the tough task of balancing the interests of western European countries with those of eastern Europe, which fears emissions curbs will push up power prices and hurt growth.

Brussels hopes for an agreement among member states by the end of 2008 and European Parliament approval by March next year.

Following are the main elements in the EU plan and east European proposal:

OVERALL GOALS

* 20 percent reduction in emissions of greenhouse gases in 2020 compared to 1990 levels. The cut would be increased to 30 percent if there is an international climate change deal.

* 20 percent of energy demand to be sourced from renewables such as solar, wind, wave, hydro and biomass by 2020, versus 8.5 percent now.

* 10 percent of biofuels in transport fuel.

COSTS AND BENEFITS -- EUROPEAN COMMISSION