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EU Unveils Plan to Cut Emissions to Zero, in Bid to Save Planet

  • Bloc outlines strategy for carbon-neutral economy by 2050
  • Current emissions-cut trajectory not enough to meet Paris goal
Miguel Arias Canete
Miguel Arias CanetePhotographer: David Paul Morris/Bloomberg
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The European Union unveiled its long-term vision on combating climate change in a push for more ambitious action on the environment just days after U.S. President Donald Trump rejected his government’s warning on the economic costs of global warming.

The 28-nation bloc, responsible for 10 percent of global greenhouse-gas emissions, set a 2050 perspective to help give direction to member states, companies and citizens to anticipate costs in fighting temperature increases. The EU’s updated strategy comes a week before representatives from almost 200 countries are due to meet in Poland for an annual conference on addressing climate change.