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Europe's climate masterplan aims to slash emissions within a decade

Europe's climate masterplan aims to slash emissions within a decade

Gulf Times
Monday, July 12, 2021 07:47:24 AM UTC

The Eiffel Tower is surrounded by a small-particle haze (file photo)

* EU to unveil policy package with eye on emissions goal * Focus on promoting greener consumer, business choices * Negotiations set to expose differences between members * Impact on industry, households seen stirring resistance The European Union is set to take the lead in climate policy action among the world's biggest greenhouse gas emitters this week, with a raft of ambitious plans designed to cut emissions drastically over the next decade. The policies, if approved, would put the bloc - the world's third-largest economy - on track for its goal of reducing planet-warming emissions 55% by 2030, from 1990 levels. The ‘Fit for 55’ package being released on Wednesday will still face months of negotiations between the 27 EU countries and the European Parliament.
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