European Union negotiators reached agreement early on Sunday on overhauling the bloc’s carbon market, the bloc’s main policy tool for fighting global warming, the Czech EU presidency and the European Council said.
At stake was the EU’s ability to contribute to global efforts to fight climate change, and achieve its target to cut net greenhouse gas emissions by 55% by 2030 compared with 1990 levels.Meeting that goal will require the EU carbon market to be reformed to cut emissions faster, which it does by requiring around 10,000 power plants and factories to buy CO2 permits when they pollute.
After 30 hour of talks that started on Friday, negotiators agreed to raise the overall target to cut emissions in the sectors covered by the European Emissions Trading System to 62% by 2030, the European Council, grouping the bloc’s member states, said in a statement.
Why are you showing pictures of smoke/steam? Carbon dioxide is odourless, colourless and non toxic. We expel it with every breath. It makes plants grow green and healthy. If you want to filter out particulate matter from smoke, that is a different conversation.
EU; verge of collapse