EU climate law: a 2040 emissions reduction target of 90% for the EU
Following a vote by Parliament, the EU will have to reduce greenhouse gas emissions by 90% in 2040 compared with 1990 levels, to achieve a climate neutral EU by 2050. On Tuesday MEPs backed a political agreement with Council on amendments to the EU Climate Law by 413 votes to 226 and 12 abstentions, to include a […]
EU 2040 climate target: MEPs want 90% emissions reduction in EU climate law
Press release European Parliament On Thursday, Parliament adopted its position on the Commission’s proposal for an amendment to the EU Climate Law, setting a new, intermediate and binding 2040 EU climate target of reducing net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, , to achieve a climate neutral EU by 2050. Flexibility for […]
EU’s Climate Law presents a new way to get to 2040
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 EU climate target of 90% reduction in net greenhouse gas (GHG) emissions, compared to 1990 levels, as requested by the Commission Political Guidelines for 2024-2029. It will give certainty to investors, innovation, strengthen industrial leadership of our businesses, and increase Europe’s energy security. […]