EnergyWatch

Europe pitches massive economic overhaul in new climate plan

The EU should increase its 2030 emissions-reduction target, said Commission President Ursula von der Leyen in her state-of-the-union speech Wednesday, urging member states to join in furthering the Green Deal amid Covid-19 recovery efforts.

Photo: Pool/Reuters/Ritzau Scanpix

The European Union’s executive proposed toughening the bloc’s targets for fighting climate change in a move to cut industrial pollution and spur a green economic recovery.

The 27-nation EU should tighten its emissions-cutting goal to at least 55 percent by 2030, European Commission President Ursula von der Leyen said on Wednesday. The current objective, agreed just six years ago, is a cut of 40 percent from 1990 levels.

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