After eleven months of legislative work, the European Parliament gave its backing today to the European Union’s (EU) climate change package which aims to ensure that the EU will achieve its self-set climate targets by 2020: a 20% reduction in greenhouse gas emissions relative to 1990 levels, a 20% improvement in energy efficiency, and a 20% share for renewables in the EU energy mix.
EU heads of states, who had hammered out the agreement last week, called the legislation “historic”. But critics say the reduction targets are less ambitious than they appear, basically a bluff. What bothers environmentalist most are the many far-reaching concessions to power plants and other emission-intensive industries participating in the EU’s mandatory emissions trading system.
More about this is in my story over on Nature News.