EU’s 2030 climate target plan may have overestimated transition costs -report

Published 00:01 on March 31, 2021  /  Last updated at 12:41 on September 1, 2021  /  EMEA, EU ETS  /  No Comments

The European Commission may have overestimated the costs of increasing the EU’s climate target by 2030 to at least 55% below 1990 levels, according to a report released Wednesday that could support EU lawmakers in their push for an even more ambitious goal.

The European Commission may have overestimated the costs of increasing the EU’s climate target by 2030 to at least 55% below 1990 levels, according to a report released Wednesday that could support EU lawmakers in their push for an even more ambitious goal.

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