European Union leaders reached a hard-fought deal Friday to cut the bloc’s greenhouse gas emissions by at least 55 per cent by the end of the decade compared with 1990 levels, avoiding a hugely embarrassing deadlock ahead of a UN climate meeting this weekend. Following night-long discussions at their two-day summit in Brussels, the 27 member states approved the EU executive commission’s proposal to toughen the bloc’s intermediate target on the way to climate neutrality by mid-century, after a group of reluctant, coal-reliant countries finally agreed to support the improved goal. “Europe is the leader in the fight against climate change,” tweeted EU Council president Charles Michel as daylight broke over the EU capital city. “We decided to cut our greenhouse gas emissions of at least 55 per cent by 2030.” Five years after the Paris agreement, the EU wants to be a leader in the fight against global warming. Yet the bloc’s heads of state and government were unable to agree on the new target the last time they met in October, mainly because of financial concerns by eastern nations seeking more clarity about how to fund and handle the green transition. READ MORE:NZ faces exclusion from major event… Read full this story
- EU agreement to reduce CO2 vehicle emissions by 2030 will only apply to new vehicles
- Farmers face targets not quotas to reduce emissions as Ireland faces €5.5bn in fines
- EU lawmakers agree on a backstop for non-performing loans
- EU Leaders Discuss Brexit, Russia, Migration, Fake News at Council Summit
- EU leaders ‘prepared to delay Brexit until JULY to give Theresa May time to get deal through Parliament’
- Kiisler: Estonia must reduce emissions 80% by 2050
- Ratas: EU leaders focused on internal market, migration, climate change
- EU leaders to affirm Brexit deal ‘not open for renegotiation’
- Leo Varadkar discussing no-deal Brexit with EU leaders in Brussels
- Varadkar to meet EU leaders to intensify no-deal Brexit plans
EU leaders agree to reduce emissions by at least 55pc compared to 1990 levels have 310 words, post on www.stuff.co.nz at December 11, 2020. This is cached page on Gatofuns. If you want remove this page, please contact us.