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EU Steps Back on 2040 Climate Goal in Order to Win Over Doubters

  • The European Union is considering weakening its legally binding 2040 climate target to cut emissions by 90% from 1990 levels amid political pressure in 2025.
  • This reconsideration comes amid pressure from France and Germany to permit international carbon credits and growing resistance to stringent climate policies.
  • An independent panel of EU climate experts has advised against lowering the 2040 emissions reduction target or relying on international carbon credits, cautioning that such measures could shift investment away from upgrading European industries.
  • The ESABCC warned that relying, even in part, on international carbon credits to achieve the target might weaken the EU’s economic growth by shifting attention and resources away from the critical changes needed within the region’s economy.
  • If maintained, the 90–95% emissions reduction target by 2040 would require an emissions-free power sector and electrification of polluting industries, yielding benefits like reduced pollution and improved energy security.
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BRUSSELS — The European Union's scientific advisers criticized the Commission's plan Monday to outsource some of the 27 member states' climate efforts to poorer countries. The European Scientific Advisory Council on Climate Change, an independent body tasked with making policy recommendations to combat global warming, insisted that the EU must meet its 2040 emissions reduction target solely through domestic efforts. "The integrity of the domesti…

·Brussels, Belgium
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EURACTIV broke the news in Brussels, Belgium on Thursday, November 11, 2021.
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