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Costa welcomes carbon agreement By TPN/Lusa, in News, Politics · 23-04-2021 01:00:00 · 0 Comments
The Prime Minister has welcomed the provisional political agreement on the European Union’s carbon neutral goal in 2050, considering that it is an “unmistakable sign of determination” to combat climate change.
The Portuguese Presidency of the Council of the European Union and the European Parliament reached an interim political agreement that legislates the objective of the European Union’s climate neutrality in 2050.
In a message published on his personal Twitter account, António Costa writes that he is facing “another commitment made in the trialogue of the first European climate law”. “It is an unmistakable sign of the European Union’s determination to combat climate change and a good omen for th
Breakthrough as EU negotiators clinch deal on European climate law
European Union negotiators reached a deal on the European Climate Law after 14 hours of talks on Wednesday (21 April), allowing the EU to go into this week s US-hosted climate summit with an agreement on the bloc s 2030 target.
Policymakers were keen to confirm new targets ahead of the Biden Administration s Earth Day summit
After a long night that finished around 5am, negotiators from the European Parliament and EU member states reached an agreement on the European Climate Law that will enshrine the EU’s commitment to reaching climate neutrality by 2050.
As expected, the 2030 target was the big political fight of the night, but parties reached an agreement to reduce net greenhouse gas emissions by “at least 55%” by 2030, compared to 1990 levels. That objective will therefore also become a legal obligation for the EU and its member states.
This is a good day for people and the planet, he added.
Brussels unveiled its European Green Deal in December 2019 and tabled its proposal for a European Climate Law in March 2020. It aims for the bloc to become the world s first carbon-neutral continent by 2050 by unlocking billions of euros to help industries become more resource-efficient.
But EU Leaders and parliament had been at logger-head for months over the emissions reduction target with lawmakers pushing for a cut of at least 60 per cent the 27-member bloc had previously committed to reducing its emissions by 30 percent by 2030.
The deal struck on Wednesday also includes a process for setting a 2040 climate target.