European Union leaders on Thursday will push to agree to make their bloc climate...
BRUSSELS - European Union leaders on Thursday will push to agree to make their bloc climate neutral by 2050, luring reluctant eastern member states with promises of extra money for their heavily-polluting economies.
With floods, fires and droughts wrecking millions of lives around the world, the EU’s new executive cast the plan as the bloc’s “man on the moon moment,” kindling hopes among campaigners that other big emitters may follow suit. Underlining divisions in the bloc on climate, EU national diplomats in Brussels on Wednesday blocked a set of new rules governing which financial products can be called “green” and “sustainable”.
No agreement is expected on that after a proposal by the bloc’s current president Finland to cap joint spending at 1.087 trillion euros for 2021-27 was rejected by both the frugal camp and those seeking heavier outlay. The leaders might agree, however, to hold a summit next February to seal a deal. After partial results come in through the night, the 27 other leaders will meet again on Friday to discuss Brexit.Should Johnson’s Conservatives win a parliamentary majority, the 27 will reaffirm their support for a divorce deal that would take Britain out of the bloc at the end of January.
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