EU Leaders Agree Truce Paving Way Toward Ambitious Climate Goals
Before the end of the year, the European Commission, the bloc’s executive branch, is expected to come forward with changes to its law that will effectively ban the combustion engine in new cars from 2035.
Photographer: Krisztian Bocsi/BloombergEuropean Union leaders paved the way for a deal on ambitious new climate targets by agreeing to support key industries and cut red tape during the green transition.
In one of the most divisive issues at the European Council in Brussels, leaders agreed on a raft of “enabling conditions” to help the automakers and other embattled industries, particularly those that are energy-intensive, according to a council spokesperson. They also signaled that green rules would be less restrictive to ease the path to climate neutrality by 2050.