Image for EU leaders agree to cut greenhouse gas emissions by 40% by 2030

As Australia leaps backwards to the 50s under “Climate Change is absolute crap”, and, “Coal is good for humanity” Prime Minister Tony Abbott, EU leaders agree to cut greenhouse gas emissions by 40% by 2030 ...

European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030.

But key aspects of the deal that will form a bargaining position for global climate talks in Paris next year were left vague or voluntary, raising questions as to how the aims would be realised.

As well as the greenhouse gas, two 27% targets were agreed – for renewable energy market share and increase in energy efficiency improvement. The former would be binding only on the EU as a whole. The latter would be optional, although it could be raised to 30% by a review in 2020.

“It was not easy, not at all, but we managed to reach a fair decision that sets the EU on an ambitious but cost-effective climate path,” Herman Van Rompuy, the president of the European Council told a press conference in Brussels.

“This package is very good news for our fight against climate change,” the European Commission president, Jose Manuel Barroso, added. “No player in the world is as ambitious as the EU.”

Read more, The Guardian, HERE