European Union members have agreed to slash their collective greenhouse gas emissions by 55 percent in the next 10 years from 1990 levels, in conjunction with the approval of a $2.2 trillion budget and stimulus package deal agreed this week, The New York Times reports.
“The agreement will help us provide a strong economic response to the crisis while preserving the rule of law,” said Ursula von der Leyen president of the European Commission. “Today’s agreement puts us on a clear path toward climate neutrality in 2050.”
The new climate target represents a more ambitious goal than was previously established, increasing from 40 percent.
