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Home›Financial›Angela Merkel – EU leaders push for agreement on carbon targets | Zoom Fintech

Angela Merkel – EU leaders push for agreement on carbon targets | Zoom Fintech

By Kim Kirkpatrick
March 11, 2021
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European Council President Charles Michel, European Commission President Ursula von der Leyen (heart) and German Chancellor Angela Merkel are heading to the EU summit in Brussels on Friday. EUROPEAN UNION / XINHUA

European Union leaders applauded a hard-won deal to cut carbon emissions by at least 55 pc by 2030, a goal that also needs the expectations of environmental teams and lawmakers.

After long haggling, the leaders of the 27 EU member states, at a summit in Brussels, reached an agreement on Friday morning to increase the bloc’s carbon emissions reduction target for 2030 to the internet to 55 % of current target of 40% of 1990 ranges.

“We are here as we speak considerably exhausted, having negotiated in the evening, but I actually think we will be completely satisfied with what has been achieved,” European Fee President Ursula von der Leyen said on Friday, citing the agreements on the Local Weather Goal 2030 as well as its long-term funds and its coronavirus restoration fund, for a total of 1.8 trillion euros ($ 2.2 trillion).

“It’s a good day for Europe,” she said, adding that the regulation “puts us on a transparent path to local weather neutrality in 2050”.

“All EU countries stand to benefit from the transition, with financial progress, a cleaner atmosphere and healthier residents.”

The EU leadership, which picked up the energy on December 1 last year, unveiled its rookie deal on Labor Day 11 with the aim of making the bloc the world’s first local meteorological continent to ‘by 2050. He proposed a European local weather regulation in March to help get the goal.

The settlement is “for me a vital issue,” said German Chancellor Angela Merkel. Germany holds the Presidency of the Council of the EU for the second half of this year.

“It was worth getting a night’s sleep to achieve this. I don’t want to think about what would have happened if we hadn’t been able to achieve such a result.

Polish Prime Minister Mateusz Morawiecki also said he was satisfied with the deal, saying “it was crucial for us to negotiate a local weather deal which was good for Poland”.

Poland, Hungary and the Czech Republic are some of the Member States that had previously reserved a bold target.

Romanian President Klaus Iohannis said the brand new goal “will modernize the economies of the European Union and improve the lives of European residents”.

Not amply but

The brand new target must nevertheless be authorized by the European Parliament, some of whose members are calling for a reduction of 60% by 2030.

Jytte Guteland, Swedish MEP and member of the Social Democrats, said she was happy that the EU summit has finally selected the brand new local weather targets for 2030.

“It will be important that we can finally start negotiating all of the EU’s local weather regulations, something we have been able to do in the European Parliament since October, once we have voted on it,” he said. she said Friday.

“It will be important not to be fooled into considering that an Internet target of 55% is sufficient. I have a powerful mandate from elected officials within the European Parliament to push for a more local meteorological ambition.

Greenpeace has also expressed its disappointment.

“Governments will undoubtedly call it historic, but the evidence shows that this deal is only a small improvement in the emissions reductions the EU is already supposed to achieve,” said Sebastian Mang, adviser to the EU. Greenpeace local weather coverage for the EU.

The online target only means a 50.5% reduction in actual emissions from polluting sectors such as energy, transport and agricultural production units, while relying on climate-affected forests to absorb enough carbon to reach the 55pc target, Greenpeace said. . The group contributes to an emission reduction of 65 pc for the EU.

“This regulation comes at the right time ahead of the fifth anniversary of the Paris agreement on Saturday, but it needs the scale of the desired emission reductions for the EU to do much to limit the temperature rise at 1.5 ° C, “local weather forecast Motion Community Europe said.

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