New EU level targets for 2030 will require fast decarbonization in the power sector, and a major acceleration of the energy transition in some European member states that still rely heavily on coal generation. The EU Commission’s plan to use the EU carbon trading scheme as a key instrument to achieve these targets could drive […]
EU climate leadership in doubt as bloc set to miss 2030 goal
Madrid, Dec 4 (AP) The European Union said Wednesday that it will likely miss its target for reducing greenhouse gases by 2030, dealing a blow to the bloc’s efforts to be a leader in the fight against climate change. The European Environment Agency said existing measures put the EU on course to cut its emissions […]