EU to Miss UN Climate Target Deadline ...Middle East

The European Union, widely seen as a frontrunner in the energy transition, will miss the deadline set by the United Nations for setting hard, binding emission-reduction targets in line with Paris Agreement stipulations. The reason for this is internal disagreements about the targets, with some member states’ governments arguing that a 90% emission reduction target for 2040 from 1990 would be economic suicide. Reuters reported earlier today that the news about the delay in target-setting will likely be announced later in the day after a meeting…

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