Shutterstock

News Climate

'Greenhouse gas emissions must be further reduced'

16 September 2020 - Kimberly Bakker

Greenhouse gas emissions in the European Union must be reduced even further than previously stated, the European Commission has announced. So far, the target has been to reduce emissions by more than 2030% below 40 levels by 1990, but that is now not sufficient for the Commission.

The European Commission believes that greenhouse gas emissions must be reduced by at least 2030% by 55, according to the draft resolution. Previously, the goal was to reduce greenhouse gas emissions by more than 2030% below 40 levels by 1990. The tightening should help comply with the Paris Climate Agreement and stop global overheating.

Extra effort necessary
The new target does require a lot of extra effort. According to the Commission, a reduction of around 1990% has been achieved between 2019 and 25. An (even) higher percentage must therefore be achieved in 10 years. This means that investments in energy production and energy consumption must be increased by €350 billion annually, compared to the last 10 years.

In addition, coal consumption should be reduced by 70% and the share of renewable energy sources in total energy consumption should increase to 40%. Older buildings must be renovated twice as fast and they must also be made climate-ready at a much higher rate than with the old target. Finally, the requirements for the energy sector and industry should be tightened, such as the CO2 limit values ​​for cars.

Do you have a tip, suggestion or comment regarding this article? Let us know

Kimberly Baker

Kimberly Bakker is an all-round editor at Boerenbusiness. She also has an eye for the social media channels of Boerenbusiness.

News milk

Environmental groups go to New Zealand court over climate

Call our customer service +0320(269)528

or mail to support@boerenbusiness.nl

do you want to follow us?

Receive our free Newsletter

Current market information in your inbox every day

Sign up