EU reaches deal on national CO2 emission cut targets

The European Union has agreed to a law that sets national targets to reduce overall carbon emissions by the end of the decade across sectors including agriculture, buildings, and transport.

 

Negotiators of the European Parliament and the European Council, which represents the 27 EU members, agreed to a deal on the legislation called the Effort Sharing Regulation (ESR) late on Tuesday. The regulation sets national targets for emission reductions from road transport, domestic maritime transport, heating of buildings, agriculture, small industrial installations, and waste management. These sectors, not now included in the EU emissions trading system, generate about 60% of EU greenhouse gas emissions. The planned law should reduce them by 40% compared to 2005. The law is part of the overall EU plan to cut net emissions by 55% by 2030 from 1990 levels and to achieve climate neutrality by 2050.

The ESR is designed to ensure that all EU members contribute to the goal in a fair way. So richer countries Denmark, Finland, Germany, Luxembourg, and Sweden need to make 50% cuts, while for Bulgaria the target is 10%.

 

This article was originally published on Reuters.com

Ready to find out more?

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
Share via
Copy link
Powered by Social Snap