Edition: International | Greek
MENU

Home » EU Actually

EU climate law agreement: Council did not give in

Last night, the negotiators of the European Parliament and Council reached a provisional political agreement on the objective of a climate-neutral EU by 2050 and a collective net greenhouse gas emissions reduction target of at least 55% by 2030 compared to 1990

By: N. Peter Kramer - Posted: Wednesday, April 21, 2021

The provisional agreement is still subject to approval by the Council and the Parliament before going through the formal steps of the adoption procedure, but the EU can send already a strong signal to the virtual World Leader’s Summit on Climate on April 22, organised and hosted by US President Joe Biden.
The provisional agreement is still subject to approval by the Council and the Parliament before going through the formal steps of the adoption procedure, but the EU can send already a strong signal to the virtual World Leader’s Summit on Climate on April 22, organised and hosted by US President Joe Biden.

N. Peter Kramer’s Weekly Column

Last night, the negotiators of the European Parliament and Council reached a provisional political agreement on the objective of a climate-neutral EU by 2050 and a collective net greenhouse gas emissions reduction target of at least 55% by 2030 compared to 1990. It sets the framework for EU’s legislation for the next 30 years.

The provisional agreement is still subject to approval by the Council and the Parliament before going through the formal steps of the adoption procedure, but the EU can send already a strong signal to the virtual World Leader’s Summit on Climate on April 22, organised and hosted by US President Joe Biden.

As expected, the 2030 target was the big political fight between the negotiators of Council and Parliament. The 55% target is lower than the 60% the Parliament had voted for. The Greens/EFA group in the EP was disappointed. In a press release they criticise, that the ‘weak climate targets risks undermining EU Green Deal’ and stated ‘the EU is not doing enough to meet the goals of the Paris Climate Agreement’. The group ‘have been calling for 65% reduction in line with the recommendations of scientists’ and expect that ‘the agreement will continue to allow the financing of fossil fuels’.

Council negotiators, on the other hand, had quite some success. In the December summit the Council endorsed a binding target of a net reduction of 55%. In addition the 2050 climate goal will remain an objective for the EU to attain as a group, meaning some countries will be allowed to reach the objective later if others manage to decarbonise their economies sooner. And rightly so. In the end the real work has to be done in the member states.

READ ALSO

EU Actually

European security and ownership

N. Peter KramerBy: N. Peter Kramer

According to the Wall Street Journal Trump’s turnaround about Greenland followed after a meeting with NATO Secretary-General Mark Rutte.

Europe

New Tricks and AI Tools in Hungary’s High-Stakes Election

New Tricks and AI Tools in Hungary’s High-Stakes Election

Hungarian Prime Minister Viktor Orbán faces his most serious challenge yet in the April 2026 parliamentary elections. All of Europe should monitor the Fidesz campaign: It will use unprecedented methods of electoral manipulation to secure victory and maintain power.

Business

EU waters down plans to end new petrol and diesel car sales by 2035

EU waters down plans to end new petrol and diesel car sales by 2035

Current rules state that new vehicles sold from that date should be "zero emission", but carmakers, particularly in Germany, have lobbied heavily for concessions.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron