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Climate: Brussels aims for -90% emissions in 2040, defends “just” transition

Brussels published its climate roadmap for 2040 on Tuesday, calling for a “just” transition and “guaranteeing industrial competitiveness” against a backdrop of growing resistance to environmental standards, four months before European elections. The Twenty-Seven have already set themselves the objective. To achieve carbon neutrality in 2050 by reducing their greenhouse gas emissions by 55% by 2030 compared to 1990 (in 2020, the reduction reached 31%), as an intermediate target, the European Commission recommended aiming for a net reduction of 90% in 2040. , which would equate to continuing declines at the same rate over the 2020-2030 period.”Climate action needs planning now (..) It’s a marathon, not a sprint, and we need to make sure everyone crosses the finish line,” Climate Commissioner Wopke Hoekstra told the European Parliament. “Leadership in green industries and just the transition are two sides of the same coin. Same room”, added Commission Vice President Maros Sefcovic. If “equity, solidarity and social policies should allow low-income households to make an effective transition, other political conditions are necessary: ​​”guaranteeing the competitiveness” of entrepreneurs, “fair conditions of competition” at the international level, “stable and long-lasting jobs”. … Broadly outlined path conditions: The European executive was required to update its projections within six months after COP28 in December, but only announced on Tuesday that a general “communication”, a pre-election reference, is needed. There will be a heavy task. States and anew about submitting a formal legislative proposal to the European Parliament.- “Open dialogue” – Advocating for “open dialogue with all stakeholders”, Brussels seeks to address concerns about the socio-economic impact of mandatory greening: its “green deal” has become a nightmare for opinion. After transport, energy and industry, this set of environmental laws collapsed on agricultural issues due to bitter opposition from right-wing MEPs and farmers, while leaders called for a “regulatory break” to give businesses and households relief. As elections approach, where the far-right and nationalists are expected to rise, the debate over environmental standards – at the heart of recent agricultural demonstrations – is proving politically explosive. If the greening of agriculture (11% of European emissions). As mentioned, the text eliminates the possibility of reducing agricultural emissions seen in the previous document, and considers it “more effective” to target the entire agricultural chain. -Food.” Climate policy is becoming complex, emotional, risky (… ) To be socially acceptable and politically viable, strong measures will be needed in the coming years: new green financing, strong energy governance…” , of the Bruegel Institute According to Simon Tagliapietra’s estimate. We will get closer to -90% in 2040, but this objective is revolutionary, it will require massive decarbonisation in areas where it is “difficult”, he warned. Brussels is planning an “industrial green pact” with adequate regulations, supply chains. and financing, and above all, renewable, hydrogen networks, but also access to sufficient and affordable carbon-free energy with the continued growth of civil nuclear through small modular reactors of the future. Electricity production “should be semi-decarbonized by the late 2030s.”, while the consumption of fossil fuels burned for energy purposes will decrease by 80% by 2040. – “Continue the effort” – Finally, the projections for 2040 are mostly based on the capture and storage of large amounts of carbon – NGOs criticize these “unproven” technologies for the great disappointment and the absence of a release date of the residues or the subsidies attached to them. “It is as important as the goal of lung cancer prevention without a smoking cessation plan,” Silvia Pastorelli lamented. Greenpeace. .Carbon market, transport, carbon tax on borders… With already adopted legislation, “the work has been done for the period before 2030, now the momentum is coming, then it will be an extension of the effort” President of the Environment Committee in the European Parliament (Renewal, Liberals) tempers Pascal Canfin. “Obviously, we must continue. This is an electoral issue,” he warns. According to Brussels, the necessary investments in the period 2031-2050 are annually up to 660 billion euros in energy and 870 billion in transport. Can be reached: by combining public investments and private funding, enormous costs, but comparable to the “cost of inaction” in the face of climate damage.jug/jca/rhl

(Translation of Tags)Cynthia Lopez(T)Sydney Southerland(T)Mother(T)The Guardian(T)United States

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