EU agrees to boost renewable energy share to 42.5 by 2030

The European Union Parliament and EU states have agreed to almost double the share of renewables in the 27-nation bloc’s overall energy consumption by 2030.

According to a statement from the Council of the EU, which speaks for the governments of the EU, the provisional political agreement seeks to increase the share of renewable energy from the current level of 22 percent to 42.5 percent.

  Learn about the COVID-19 pandemic from News Hour  

By 2050, the EU wants to have a “climate-neutral” economy with negative net emissions of greenhouse gases.

The move also comes at a time when the EU is attempting to lessen its reliance on Russian fossil fuels following Moscow’s last year’s cutoff of gas supplies and the bloc’s prohibition on seaborne crude and other petroleum products from the nation.

By 2050, the European Union wants to have a “climate-neutral” economy with negative net emissions of greenhouse gases. The move also comes at a time when the EU is attempting to lessen its reliance on Russian fossil fuels following Moscow’s last year’s cutoff of gas supplies and the bloc’s prohibition on seaborne crude and other petroleum products from the nation.

Follow News Hour

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments