Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
News18 » World
1-min read

European Union Leaders to Push for Climate Neutrality by 2050, Says Report

Previous attempts, however, were blocked by Poland, Hungary and the Czech Republic, as they said they oppose climate neutrality by 2050 for fear cutting greenhouse emissions will stifle their economies.

Reuters

Updated:December 3, 2019, 7:46 AM IST
facebookTwitter Pocket whatsapp
European Union Leaders to Push for Climate Neutrality by 2050, Says Report
Smoke and steam billows from Belchatow Power Station, Europe's largest coal-fired power plant operated by PGE Group, at night near Belchatow, Poland December 5, 2018.

Brussels: European Union leaders meeting in Brussels next week will push to agree to put the bloc on net-zero greenhouse gas emissions by 2050, their draft joint statement showed on Monday, heralding a bitter fight looming at their gathering.

The Dec 12-13 summit of the bloc's national leaders will aim to endorse "the objective of achieving a climate-neutral EU by 2050", according to the document seen by Reuters.

Previous attempts, however, were blocked by Poland, Hungary and the Czech Republic, who rely on highly polluting coal. They have previously said they oppose climate neutrality by 2050 for fear cutting greenhouse emissions will stifle their economies.

To convince the reluctant camp, the draft summit conclusions refer to "just and socially balanced transition", the European Investment Bank's announcement to unlock 1 trillion euros worth of green investment until 2030, the need to ensure energy security and competitiveness vis-à-vis foreign powers not pursuing such climate goals.

The draft, prepared in advance of the leaders' discussions, may still change. But it will eventually need unanimous backing of all EU national leaders for there to be agreement at the summit.

The bloc's new executive European Commission also aims to push for climate neutrality by mid-century and wants to make the EU's 2030 climate targets more ambitious.

Current targets envisage cutting the EU's greenhouse gas emissions by 40% by 2030 from 1990 levels. The new Commission, led by Germany's Ursula von der Leyen, hopes to raise the goal to at least 50%.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results