EU reaches deal on CO2 emissions

This could be a step in the right direction for mankind as European Union leaders agree to cut greenhouse gas emissions
by 40 percent by 2030, and set renewable energy targets .
European Union leaders have reached what they described as
the world ‘s most ambitious climate change targets for 2030,
paving the way for a new UN – backed global treaty next year.
The 28 leaders on Friday finally overcame divisions at an EU
summit in Brussels to reach a deal including a commitment to
cut greenhouse gas emissions by at least 40 percent compared
to 1990 levels.
They also agreed on 27 percent targets for renewable energy
supply and efficiency gains, despite of reservations from
some member states about the cost of the measures .
“Deal ! At least 40 percent emissions cut by 2030. World ‘s most
ambitious , cost- effective , fair EU 2030 climate energy policy
agreed, ” EU president Herman Van Rompuy tweeted .
The EU wanted to agree on the targets ahead of a summit in
Paris in November and December 2015, where it is hoped the
world will agree to a new phase of the Kyoto climate accords
which run until 2020.
The agreement puts the EU “in the driving seat” ahead of the
Paris conference , European Commission head Jose Manuel
Barroso said .
Environmental groups said the deal did not go far enough to
cut global warming .
The climate deal builds on the EU ‘s targets for 2020 of a 20
percent cut in greenhouse gases, blamed for global warming ,
a 20 percent boost in renewables such as solar and wind power
and a 20 increase in energy efficiency .
While the new 40 percent target for greenhouse gases and 27
percent for renewables agreed Friday were as expected, a 30
percent goal for an increase in energy efficiency set in July
by the Commission was watered down to 27 percent .
Environment group Greenpeace said the EU had “pulled the
handbrake on clean energy “.
“These targets are too low , slowing down efforts to boost
renewable energy and keeping Europe hooked on polluting and
expensive fuel , ” it said British- based humanitarian group
Oxfam called for targets of 55 percent in emissions cuts , 40
percent for energy savings and 45 percent for renewables.

as reported on Aljezerra news

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