09 July, 2018

Forget Trump: Europe plans to push for more ambition on climate

Trump or no Trump, the European Union is set to spur businesses to do more to meet the Paris climate accord goals.
President Donald Trump speaks during a rally at the
 Four Seasons Arena at Montana ExpoPark, Thursday,
July 5, 2018, in Great Falls, Mont.
Taking a long view and encouraging companies to front-load actions to cap future costs will be among the thrusts of the climate push for the bloc's executive suites.

In its longer-term strategy to be presented in November to achieve targets set under the Paris accord, the European Commission is considering options ranging from lowering greenhouse-gas discharges by 80 per cent by 2050 compared with 1990 levels to net-zero emissions by mid-century.

"Having a 2050 perspective helps people accept more ambitious paths," Mauro Petriccione, the director general for climate at the EU's regulatory arm, said in an interview in Brussels.


Read the story by Ewa Krukowska from The Age - “Forget Trump: Europe plans to push for more ambition on climate.”

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