World News

World News12.02.2024

EC recommends a 90% net greenhouse gas emissions reduction by 2040

QAZAQ GREEN. The European Commission is charting the path to reach the goal of making the European Union climate neutral by 2050. It recommends a 90% net greenhouse gas emissions reduction by 2040 compared to 1990 levels, which is in line with recent scientific advice and the EU’s commitments under the Paris Agreement.

The following actions will be needed to achieve the 90% reduction target by 2040:

·        fully implement existing EU laws to reduce emissions by at least 55% by 2030

·        decarbonise industry by relying on existing strengths like wind power, hydropower, and electrolysers. To step up this work strand, the Commission has put forward new measures to manage carbon emissions by industry in the EU that will see investment in technologies that can capture and store carbon, and re-use it

·        increase domestic manufacturing in growth sectors like batteries, electric vehicles, heat pumps, solar cells and others

·        keep fairness, solidarity and social policies at the core of the transition, helping vulnerable citizens, regions, businesses and workers through tools such as the Social Climate Fund and Just Transition Fund

·        have an open dialogue with all concerned, including farmers, businesses, social partners and citizens

In the last five years, climate change has caused an estimated €170 billion of economic damage. Its costs and impacts on humans are increasingly large and visible. We need to act now to strengthen Europe’s resilience against future crises and be less dependent on fossil fuel imports. A 2040 climate target will also help European industry, investors, citizens and governments to make decisions in this decade that will keep the EU on track to meet its climate neutrality objective in 2050.

The target will now be discussed with the European Parliament and the Member States. The next Commission will put forward legislative proposals on that basis. The European Climate Law writes into law the goal set out in the European Green Deal for Europe’s economy and society to become climate neutral by 2050. The law sets the intermediate target of reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels.

19.04.2024
Australia has planned a 1 GW hydroelectric power plant at former coal pit
19.04.2024
Apple ramps up investment in clean energy and water around the world
18.04.2024
Two countries in Europe are powered by 100% renewable energy as wind capacity soars
18.04.2024
IRENA’s report: Transition to renewables calls for new approach to energy security
17.04.2024
New wind power plant to be built in Baku
16.04.2024
Cost of bringing wind power plants into operation drops by more than one-third
16.04.2024
Energy ministers and leaders to discuss the future of renewable energy in Abu Dhabi
16.04.2024
Hungary boasts the EU's largest geothermal system
15.04.2024
EC adoped of the strengthened Energy Performance of Buildings Directive
15.04.2024
90-GWh thermal energy storage facility could heat a city for a year
12.04.2024
Europe embraces speedier, riskier way of building power grids
12.04.2024
Former SpaceX, General Motors engineers turn to space-based solar power
12.04.2024
The US just beat its goal to permit 25 GW of clean energy by 2025
11.04.2024
New quantum material boosts solar cell efficiency to 190%
10.04.2024
Astana hosted seminar of the USAID project “Energy of Central Asia”
10.04.2024
Uzbekistan launches 500 MW PV plant in Jizzakh province
10.04.2024
GIZ and RES School: training specialists for the energy transition in Karaganda
09.04.2024
US unveils USD 20bn of awards under Greenhouse Gas Reduction Fund
09.04.2024
In Tajikistan, all new houses will be equipped with solar panels
09.04.2024
The top 40 most environmentally friendly cities in the world