European Union proposes 2040 climate target with carbon credit allowance – DW – 07/02/2025

The European Commission on Wednesday proposed a 90% decrease in greenhouse gas emissions by 2040 compared to Lakes in 1990.

The Commission said that by 2030, the proposal would be on the current binding target to reduce the thesis type of up to at least 55%.

European Commission Chairman Ursula von Der Leyen said, “As European citizens feel the impact of rapid climate change, they expect from Europe. Industries and investors determine us a predicted direction of travel.”

“Today we show that we stand firmly with our commitment to disintegrate the European economy by 2050. The target is clear, the journey is practical and realistic,” said Leyen.

What is the proposed amendment?

The Commission claimed that the proposed amendment would provide a “more practical and flexible way” to reach the target, which would soften the 90% emission target for European industries.

Under the scheme, member states will be given more flexibility to achieve climate goals. Currently, they have only BEE to calculate domestic greenhouse gas cuts, but since 2036, the proposal allows carbon credit from non-European Union countries to count up to 3% of the total 90% decrease compared to the 1990 levels.

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European Union Commission Deputy Chairman Teresa Ribera said, “We are not choosing between the economy and the green agenda, we are choosing both. Europe confirms its commitment to a fair, ambitious and competitive green infection.”

He said, “Agreed to 90% of the climate target we get a clear lighthouse to direct our future functions,” he said.

What has it done

The Commission said that the proposal was based on a detailed evaluation by the European Scientific Advisory Board on the inter -government panel and climate change of climate change.

It said that it followed the association with various member states, stakeholders, civil society and citizens with citizens.

Those who opposed the ambitions of Bloc’s climate action argued for measures that obstruct economic progress.

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Poland and the Czech Republic have expressed their concern over climate goals regularly citing economic and energy security ideas.

The influence of others, including Italy and Hungary, is concerned about the impact of the heavy industry at a time when Europe is working to strengthen its industry amid fierce competition from the United States and China.

This proposal will now be submitted to the European Parliament and the council for discussion and adoption according to the general legislative process.

Edited by: ZAC Crellin

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