In October 2014, the European Council agreed the 2030 policy framework for climate and energy policy. The framework sets out the European Union (EU)’s commitment to a binding target of at least a 40% domestic reduction in economy-wide greenhouse gas (GHG) emissions by 2030 compared to 1990, with the reductions in the Emission Trading System (ETS) and non-ETS sectors (NETS) amounting to 43% and 30% respectively by 2030 compared to 2005. The European Council also set an EU target of at least 27% for the share of renewable energy consumed in the EU in 2030, and an indicative target at the EU level of at least 27% for improving energy efficiency in 2030 compared to projections of future energy consumption based on current trends. This will be reviewed by 2020, having in mind an EU level of 30%.
In a previous post, I examined the likely treatment of agriculture in this 2030 Climate and Energy Framework in the run-up to the European Council meeting which agreed the 2030 targets.… Read the rest
