On Thursday 17 September, the European Commission presented the results of its impact assessment of the feasibility of a 55% reduction in the European Union’s greenhouse gas (GHG) emissions by 2030 (compared to 1990 levels), as well as its 2030 climate plan.
More specifically, this analysis compared the impact of a 50 to 55% reduction in GHG emissions (the current target is a 40% reduction), under different scenarios that depend essentially on two variables: the degree of increase in the...