EU Needs Stricter CO2 Target, Cap-and-Trade Rules, Report Shows
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The European Union should move to a stricter emissions-reduction target for 2020 to attain its 2050 climate goal in a cost-effective way, a report by a network of climate experts and a research group showed.
Standing by the current EU goal to cut emissions by 20 percent in 2020 compared with 1990 levels would mean a “rapidly accelerating reduction effort” to attain the 2050 goal of at least 80 percent, according the report by Climate Strategies, an international network of climate experts, and the Institute for Sustainable Development and International Relations, a Paris-based research institute also known as IDDRI.