The new EU Climate Law increases the EU’s 2030 emissions reductions target from 40% to at least 55%, the European Parliament said on June 24, adding that with the contribution from new carbon sinks it could raise to 57%.
MEPs endorsed the Climate Law, agreed informally with member states in April, with 442 votes to 203 and 51 abstentions. It transforms the European Green Deal’s political commitment to EU climate neutrality by 2050 into a binding obligation. It gives European citizens and busi…
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