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Will the European Union meet its 2030 targets under the Paris Climate Treaty?
Although the United States has announced intentions to withdraw from the Paris Climate Agreement, 194 countries are still part of the agreement, including the European Union, the world's #3 carbon dioxide emitter.
Under the agreement, each country sets its own emission reduction goals. The EU's goal was to reduce emissions by 40% below 1990 levels. If achieved, by 2030 the EU will emit around 3.4-3.9 gigatons of CO2-equivalent greenhouse gases per year, whereas today the region accounts for 3.46 gigatons per year, or nearly ten percent of the global total. Emissions have been in decline since 1990. Current projections estimate that the EU goals represent a slowdown in the region's trend of emission reduction and that the slowdown is not be enough to limit global temperature rise to only 1.5 or even 2 degrees C.
Other goals of the EU's by 2030:
At least 27% of total energy consumption from renewable energy
At least 27% increase in energy efficiency
Will the EU achieve its Paris Climate Agreement goals?
This question will resolve as positive if a credible news report cites an analysis independent of the European Union government confirming that Europe has met all three 2030 climate action goals, including emission reduction by at least 40% below 1990 levels, on or before January 1, 2030.
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