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EU on Track for 54% Emissions Cut by 2030, Plans 90% 2040 Target

Brussels will unveil before summer a proposal to reduce greenhouse gas emissions by 90% in 2040 after renewable energy became the bloc’s leading power source.

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Overview

  • The European Commission’s review of national climate plans projects a 54% reduction in greenhouse gas emissions by 2030 compared to 1990 levels, just one point shy of the 55% goal.
  • Renewable energies accounted for 24% of the EU’s energy consumption in 2023 and now supply the largest share of the bloc’s electricity mix.
  • Transport and agriculture remain the weakest sectors for emissions cuts, with both industries requiring strengthened policies and investments.
  • Italy, Poland and France have publicly questioned the feasibility of a proposed 90% emissions reduction target for 2040.
  • Before summer, the Commission will present its 2040 climate proposal and push member states to expand cross-border grid interconnections and close remaining infrastructure gaps.