EU Nations Split on Climate Goals Before March Ministers Meeting
This article is for subscribers only.
European Union governments remain split on whether to support a pathway to long-term climate goals drafted by the bloc’s regulator that some investors say could bolster carbon prices, according to an EU document.
Environment ministers from the 27-nation EU will discuss the so-called 2050 low-carbon road map when they meet on March 9 in Brussels. The policy paper by the European Commission, the bloc’s regulatory arm, showed the most cost-effective way to achieve the European political pledge of cutting greenhouse gases by at least 80 percent in 2050 would be to lower discharges by 40 percent in 2030 and 60 percent in 2040.