Hungary, the Czech Republic and Poland, which rely heavily on coal-fired power plants, have yet to commit to the EU’s goal of having net zero emissions of CO2 by 2050.
News headlines today: Dec. 11, 2019To get everyone on board with her plan to combat global warming, European Commission President Ursula von der Leyen wants to put up 100 billion euros to help EU nations that still heavily rely on fossil fuels transition to lower emissions.
The net-zero emissions goal will be discussed Thursday during a meeting of EU heads of state and government in Brussels. The plan will depend on various sources of funding, including private sector loans from the European Investment Bank, added to cash from the bloc’s long-term budget — which has yet to be approved.
World leaders agreed four years ago in Paris to keep global warming below 2 degrees Celsius , ideally no more than 1.5 C by the end of the century. Scientists say countries will miss both of those goals by a wide margin unless drastic steps are taken to begin cutting greenhouse gas emissions next year.
He explained that the joint statement reached between then-President Barack Obama and China in 2014 paved the way for the successful Paris climate agreement in 2015. With the EU and China set to hold a summit in September, Meyers says that Beijing needs time to ratchet up its own climate plans before that.
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