“The European Commission welcomes the formal adoption today of the climate and energy package and legislation to reduce CO2 emissions from new cars and transport fuels. The measures, agreed in December, put Europe firmly on the road towards becoming a low-carbon economy and will increase energy security. The package sets legally binding targets to cut greenhouse gas emissions to 20% below 1990 levels and to increase the share of renewable energy to 20%, both by 2020. It will also help achieve the EU’s objective of improving energy efficiency by 20% within the same timeframe. The package makes Europe the first region in the world to implement such far-reaching, legally binding climate and energy targets. It represents an important contribution to reaching an ambitious international climate agreement at the United Nations climate conference in December.”
Read the complete press release here.
Also have a look at the Climate Action website for more information.