Global Economy

EU leaders strike deal on tougher 2030 climate target

© Reuters. EU leaders summit in Brussels

BRUSSELS (Reuters) – European Union leaders on Friday reached a deal on a more ambitious target to cut greenhouse gas emissions this decade, European Council President Charles Michel said, after all-night talks on the goal at a summit he chaired.

“Europe is the leader in the fight against climate change. We decided to cut our greenhouse gas emissions of at least 55% by 2030,” Michel said in a tweet.

That target will replace the bloc’s existing goal to cut emissions 40% by 2030, from 1990 levels.


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