EU Proposes New Climate Target Amid Heatwave to Cut Emissions by 2040

In the midst of an ongoing heat wave, the EU Commission is presenting a new formal climate target. Emissions of greenhouse gases are to be reduced by the year 2040, according to the proposal, in order to be able to achieve net zero emissions by 2050.

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EU Proposes New Climate Target Amid Heatwave to Cut Emissions by 2040
Photo: Martin Meissner/AP/TT

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Europe is plagued by temperatures of around 40 degrees in several places, heat records have been measured and warnings are being issued.

At the same time, Brussels is presenting its proposal for a new climate target, where greenhouse gas emissions are to be reduced by around 90 percent by 2040, which according to researchers is absolutely necessary to achieve net zero emissions by 2050.

We are very ambitious but at the same time pragmatic and flexible, says Climate Commissioner Wopke Hoekstra at a press conference in Brussels.

The proposal is sensible for both economic, security and geopolitical reasons. We must continue to work on climate issues and protect people from extreme weather events, he says.

"Clear framework"

The new target sets, according to the Commission, a clear framework for climate and energy legislation after 2030.

"National characteristics will be taken into account. Cost-effectiveness, simplicity and effectiveness will be guiding principles, together with ensuring technical neutrality and a transition that is fair for all", the Commission writes in a press release.

According to the statement, the new target will give investors "security, innovation and strengthen corporate industrial leadership and increase Europe's energy security).

The EU has committed to becoming the first climate-neutral continent by 2050.

Criticized flexibility

A certain flexibility exists when it comes to the calculation of emissions. Among other things, that member states should be able to count emission credits in their calculations, in exchange for implementing climate projects outside Europe.

Such a solution means, according to critics, that the climate target is significantly weakened.

The next step is for the EU's environment ministers to discuss the target in mid-July and a vote on the measures will be held on September 18. The EU's parliamentarians will also have to approve the target.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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