The European Union has reached a new legally-binding climate change agreement that would see greenhouse gas emissions drop by at least 40 per cent of 1990 levels by 2030.
The agreement, signed off in Brussels two weeks ago by the EU’s 28 member nations, is designed to ensure Europe meets its objective of cutting emissions by at least 80 per cent by mid-century.
It also puts Europe in the lead position to help persuade other nations trailing far behind the EU’s emissions-reduction goals to reach a long-sought global climate change accord next year in Paris.
The 2030 climate and energy plan also calls for the share of renewable energy to increase to 27 per cent of 1990 levels while seeing a 27 per cent increase in energy efficiency.
In an official statement, European Commission President José Manuel Barroso said the 2030 package is very good news for the fight against climate change.