EU will not let Donald Trump derail its climate efforts
The European Commission is already looking beyond 2030, and setting ambitious emission-reduction goals for 2050
Brussels — Trump or no Trump, the European Union (EU) is set to spur businesses to do more to meet the Paris climate accord goals. Taking a long view and encouraging companies to front-load actions to cap future costs will be among the thrusts of the climate push for the bloc’s executive suites. In its longer-term strategy which will be presented in November to achieve targets set under the Paris accord, the European Commission (EC) is considering options ranging from lowering greenhouse-gas discharges by 80% by 2050 compared with 1990 levels to net-zero emissions by mid-century. "Having a 2050 perspective helps people accept more ambitious paths," Mauro Petriccione, the director general for climate at the EU’s regulatory arm, said in an interview in Brussels. "That also means people should start thinking now that at some point they will have to go beyond the 2030 target. You give them a signal now, you help them plan for the long term." The steps are aimed at showing how determined...
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