Friday, October 24, 2014

European Leaders Agree on Targets to Fight Climate Change

The 28 leaders of the European Unionagreed early on Friday on targets for protecting the climate and generating greener power despite deep divisions among their nations over how to produce energy.
The main target that won approval was a pledge to slash emissions by at least 40 percent, compared with 1990 levels, by 2030.
The new target “will ensure that Europe will be an important player, will be an important party, in future binding commitments of an international climate agreement,” Angela Merkel, the German chancellor, said at an early-morning news conference.
The accord makes the European Union the first major global emitter to put its position on the table ahead of an important United Nations climate meeting in Paris at the end of 2015.
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The pledge to cut emissions by 40 percent would eventually come with legally binding targets for each of the bloc’s member countries to share the burden equitably.
The bloc also agreed on a target of generating at least 27 percent of its energy from renewable sources, a goal that will be binding at the European Union level but not the national level. A separate target for improving energy efficiency by at least 27 percent was “indicative” only, meaning it would not be binding even at the bloc level. Both of those targets raised questions about their enforceability.
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