EU Reaches Agreement On Emission Cuts

The European Union earlier today finally reached an agreement on more stringent emissions-cutting goals for the next decade. After long discussions, the block agreed to aim for a 55-percent reduction in net greenhouse gas emissions by 2030 from 1990 levels, the AP reported, as it strives to become net neutral by 2050.

The previous target for 2030 was a 40-percent reduction in emissions from 1990 levels. “Europe is the leader in the fight against climate change,” the president of the European Council, Charles Michel said in a tweet.…