EU law to slash emissions by 55 per cent by 2030

The European Union has stepped up efforts to tackle the climate crisis with new laws designed to slash greenhouse gas emissions.

The targets state the EU must reduce its net emissions by 55 per cent by 2030 from what they were in 1990, and by 2050, cut emissions to net zero.

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Changes in land use and increases in forestry across Europe over the next decade will also create new carbon sinks, potentially allowing emissions to fall by up to 57 per cent, the European Commission said.

The historic deal approved by all EU countries — except Bulgaria which abstained — ensures that the bloc’s greenhouse gas emissions targets are now legally binding.

A Bulgarian government spokesman said: “The final compromise does not reflect our national position sufficiently.” The abstention has left the nation’s future climate policy position uncertain.

Source: Independent