Moonshot Moment: Europe Announces Green Deal – Included is a carbon border, ensuring companies cannot evade carbon taxes by outsourcing their emissions

New European Commission President Ursula von der Leyen unveiled Europe’s Green Deal on Wednesday, a package of 50 far-reaching policy ideas that are still missing many key details, calling it a "man on the moon moment" for Europe.

The package of measures would see climate action woven across all the EU’s policy areas, and is as much of an economic policy as it is a climate or energy proposal.

Within 100 days, the commission will present a new climate law designed to lock in the continent’s commitment to net-zero emissions by 2050. The current target for 2030 is a 40 percent emissions reduction, up from an original 27 percent.

See https://www.greentechmedia.com/articles/read/ec-president-green-deal-is-europes-moonshot-moment

#environment #EU
#^Moonshot Moment: Europe Announces Green Deal

Image/photo

Among the European Commission’s plans is a carbon border, ensuring companies cannot evade carbon taxes by outsourcing their emissions.