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EU greenhouse gases cut agreed 24.10.14

EU leaders agreed to 40% cut by 2030

European leaders have agreed to a climate change pact which will see the EU as a whole cut its greenhouse gas emissions by at least 40% by 2030. In addition, they agreed to a 27% target for renewable energy market share and for energy efficiency improvement.

This pact represents an ambitious position in the run up to the UN climate change conference in Paris in December 2015 and is expected to be used as a bargaining position in the upcoming global talks.

However, a clause was inserted into the text that could trigger a review of the EU’s new targets if other nations don’t put forward comparable propositions.

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