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EU Adopts 55% Target, But Fine Print Points Toward Slower Carbon Cuts

296 views Marzena7/Pixabay The European Union is boosting its greenhouse gas reduction target to 55% from 1990 levels by 2030, prompting negotiators to take a victory lap but climate analysts to raise warnings about loopholes in a deal that still doesn’t go far enough, fast enough toward decarbonization. “Five years after the Paris agreement, the EU wants to be a leader in the fight against global warming,” The Associated Press writes. “Yet the bloc’s heads of state and government were unable to agree on the new target the last time they met in October, mainly because of financial concerns by eastern nations seeking more clarity about how to fund and handle the green transition.”

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