Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU on the right path in emission reductions, but it must pick up the pace towards 2030

    EU on the right path in emission reductions, but it must pick up the pace towards 2030

    npsBy nps30 November 2020Updated:2 July 2024 No Comments3 Mins Read
    — Filed under: Focus
    Share
    Facebook Twitter LinkedIn Pinterest Email
    — last modified 30 November 2020

    New data on greenhouse gas emission reductions in the EU published today in the European Environment Agency (EEA)’s annual ‘trends and projections’ assessments show a 4% emissions decrease in 2019 from 2018, showing that deep emission cuts are possible and can be achieved irrespective of economic trends.


    Advertisement


    Nevertheless, higher emission reductions by 2030 will be needed to stay in line with the 1.5°C goal of the Paris Agreement.

    The report shows that greenhouse gas emissions from the sectors covered by the Emissions Trading Scheme (ETS) have continued to decrease between 2018 and 2019, in the power sector mainly.

    However, other sectors should pick up the reduction pace. Transport emissions have even increased in recent years narrowing the overachievement of the EU 2020 target and confirming the need to ramp up efforts to cut emissions in all sectors of the economy beyond the power sector.

    In order to keep the 1.5°C goal of the Paris Agreement within reach, the EU and Member States should aim at slashing emissions by at least 65% by 2030, meaning the pace in emission reductions will inevitably have to speed up in the next decade to avoid worsening impacts of climate change. We need to make sure that we do not settle for comfortable targets, but for the ones requested by science and equity.

    Wendel Trio, Director of Climate Action Network (CAN) Europe said:
    “It is good to see that greenhouse gas emissions have gone down substantially in 2019 particularly in the power sector. We are obviously also expecting substantial reductions in 2020. The urgency of the climate crisis requires the EU and Member States to increase this level of reductions further in the coming years. To do so, we need to boost the EU emissions reduction target for 2030, and consequently take action to reduce the climate-harmful impacts of all economic sectors, among others by using the opportunities offered by the future EU budget and recovery package.

    Instead of subsidising fossil fuels, the EU must immediately redirect its financial flows towards renewable energy and energy efficiency, two of the main pillars of the transition. With the unprecedented amounts of money of the EU budget and recovery fund earmarked for climate action, EU countries will have far more means to tackle the biggest challenge of our time.”

    The preliminary EEA data suggest that the EU-27 achieved a total share of renewables in energy consumption of 19.4% in 2019. It indicates the EU is on track for its 2020 renewables target, however renewables share needs to increase in view of the 2030 ambition. In this decade, renewable electricity generation should at least triple to meet our Paris commitments. This should lead to renewables covering 50% of gross final energy consumption in 2030 and 100% in 2040.

    Climate Action Network (CAN) Europe

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Pharmaceuticals - Photo by Laurynas Me on Unsplash

    EU reaches political agreement on ‘pharma package’

    Research - Image by Gerd Altmann from Pixabay

    EUR 14 billion for Horizon Europe to boost EU research and innovation

    Justice - Photo by KATRIN BOLOVTSOVA on Pexels

    Brussels adopts December infringements of EU law

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Dollar drops as Fed cuts rates – Euro currency news daily

    Renewable energy - Image by Maria Maltseva from Pixabay

    Green protection gutted: EU Commission jeopardises nature and health safeguards

    Sponsor: WWF EU10 December 2025
    Electric grid - Image by PublicDomainPictures from Pixabay

    Brussels proposes upgrade of EU’s energy infrastructure

    LATEST EU NEWS
    Pharmaceuticals - Photo by Laurynas Me on Unsplash

    EU reaches political agreement on ‘pharma package’

    11 December 2025
    Research - Image by Gerd Altmann from Pixabay

    EUR 14 billion for Horizon Europe to boost EU research and innovation

    11 December 2025
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Dollar drops as Fed cuts rates – Euro currency news daily

    11 December 2025
    Electric grid - Image by PublicDomainPictures from Pixabay

    Brussels proposes upgrade of EU’s energy infrastructure

    10 December 2025
    Greenhouse gas - Image by Karl Egger from Pixabay

    EU agrees on legally-binding 2040 climate target

    10 December 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?