EU's Bold 2040 Climate Pledge: A Path to 90% Emission Cuts
42 Articles
42 Articles
After several negotiations, the European Parliament and the Council reached a political agreement aimed at reducing 90% of greenhouse gas emissions by 2040, to 1990 levels.
The EU Council of Ministers and representatives of the European Parliament have reached a preliminary agreement on a binding climate target to reduce greenhouse gas emissions by 90 percent by 2040 compared to nine...
Greenhouse gas emissions are expected to fall by 90 percent by 2040 compared to 1990, but a CO2 price for heating and refuelling will be postponed by one year.
In principle, greenhouse gas emissions are to be reduced by 90 percent compared to 1990 by 2040. However, the compromise reached now also gives the 27 EU countries some room for manoeuvre: up to five percentage points may be counted by CO2 certificates from abroad.
The EU's new climate targets have been set: Greenhouse gas emissions are to be reduced by 90 percent by 2040 compared to 1990. However, there are some concessions regarding implementation. A CO2 price for heating and fuel is to be postponed.
EU negotiators agreed on an important intermediate target for climate protection. Representatives of the member states and the European Parliament announced at night that greenhouse gas emissions should be reduced by 90 percent by 2040 compared to 1990. However, the compromise allows the 27 states room for manoeuvre.
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