Climate Change: EU Targets 55% Greenhouse Gas Emission Reduction

By Teddy Nwanunobi

The European Union policymakers have unveiled an ambitious plan to tackle climate change, as their proposal aims to reduce greenhouse gas emissions by 55 per cent, from 1990 levels by 2030 – a step towards ‘net zero’ emissions by 2050.

EU’s most ambitious plan, which was unveiled on Wednesday, aims to turn green goals into concrete action this decade, and set an example for the world’s other big economies to follow.

The European Commission, the EU executive body, set out in painstaking details how the bloc’s 27 countries can meet their collective goal of reducing net greenhouse gas emissions by 55 per cent.

This will mean raising the cost of emitting carbon for heating, transport and manufacturing, taxing high-carbon aviation fuel, shipping fuel that have not been taxed before, and charging importers at the border for the carbon emitted in making products such as cement, steel and aluminum abroad.

If this is achieved, it will consign the internal combustion engine to history.

“Yes, it is hard. But it’s also an obligation, because, if we renounce our obligation to help humanity, live within planetary boundaries, we would fail, not just ourselves, but we would fail our children and our grandchildren,” EU climate policy chief, Frans Timmermans, told a news conference.

The price of failure, he said, was that they would be “fighting wars over water and food”.

The ‘Fit for 55’ measures will require approval by member states and the European parliament, a process that could take two years.

As policymakers seek to balance industrial reforms with the need to protect the economy and promote social justice, they will face intense lobbying from business, from poorer member states that want to ward off rises in the cost of living, and from the more polluting countries that face a costly transition.

Some environmental campaigners said the Commission was being too cautious.

“Celebrating these policies is like a high-jumper claiming a medal for running in under the bar. This whole package is based on a target that is too low, doesn’t stand up to science, and won’t stop the destruction of our planet’s life-support systems,” Greenpeace EU Director, Jorgo Riss, said in a statement.

But business is already worrying about its bottom line.

The President of DIHK, the German association of chambers of industry and commerce, Peter Adrian, said that the high CO2 prices were “only sustainable, if at the same time compensation is provided for the companies that are particularly affected”.

The EU produces only 8 per cent of global emissions, but hopes its example will elicit ambitious action from other major economies when they meet in November in Glasgow for the next milestone U.N. climate conference.

“Europe was the first continent to declare to be climate neutral in 2050, and now we are the very first ones to put a concrete roadmap on the table,” the European Commission President, Ursula von der Leyen, said.

The package arrives days after California suffered one of the highest temperatures recorded on earth, the latest of a series of heatwaves that has hit Russia, Northern Europe and Canada.

As climate change makes itself felt from the typhoon-swept tropics to the blowtorched bushlands of Australia, Brussels proposed a dozen policies to target most big sources of the fossil fuel emissions that trigger it, including power plants, factories, cars, planes and heating systems in buildings.

The EU has, so far, cut emissions by 24 per cent from 1990 levels, but many of the most obvious steps, such as reducing reliance on coal to generate power, have been taken already.

The next decade will require bigger adjustments, with a long-term eye on 2050, seen by scientists as a deadline for the world to reach net zero carbon emissions or risk climate change becoming catastrophic.

The measures follow a core principle: to make polluting more expensive and green options more attractive to the EU’s 25 million businesses and nearly half a billion people.

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