EU commits to 90% reduction in carbon emissions by 2040

The European Union has provisionally agreed to cut greenhouse gas emissions by 90 percent by 2040, surpassing the goals of other major economies but falling short of its climate advisors’ recommendations. This compromise addresses concerns from countries like Poland, while also pushing for action to combat extreme weather and boost green tech. Industries must reduce emissions by 85 percent and can use carbon credits from developing nations to meet the target, with a carbon tax delay to 2028. The deal awaits ratification by the EU parliament and member states.

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