New European Targets for Emission Reductions and Renewables

On October 24, members of the European Union reached agreement on new emissions targets for 2030: 40% cuts to greenhouse gas emissions, 27% target for the renewable energy market share and, an optional target of 27% increase for energy efficiency improvement. The EU is holding up the agreement as a model for other countries in advance of the Paris climate talks of 2015, though like all politically-driven compromises, it has its critics. According to Greenpeace EU: “People across Europe want cleaner energy, but EU leaders are knocking the wind out of Europe’s booming renewables sector”, and from the European Green Party, “It is shameful that the council gave veto power against better goals to Poland on renewables, to France on interconnectors, and to the UK on efficiency. […] We used to have a polluter-pays-principle; now we’ve gotten a polluter-vetos-principle”.

See The Guardian at: http://www.theguardian.com/world/2014/oct/24/eu-leaders-agree-to-cut-greenhouse-gas-emissions-by-40-by-2030; Statements and Reactions are found at: http://www.euractiv.com/sections/eu-priorities-2020/eu-leaders-adopt-flexible-energy-and-climate-targets-2030-309462.

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