Bloomberg Law
March 31, 2023, 7:40 PM

EU Looks at Carbon Market, Agriculture in 2040 Climate Plan (1)

Ewa Krukowska
Ewa Krukowska
Bloomberg News

The European Union started work on setting its 2040 climate goals, signaling future policies would require greener consumer lifestyles and more effort from businesses across the economy to meet climate neutrality by the middle of the century.

The European Commission, the bloc’s regulatory arm, is seeking public input on its upcoming proposals, including setting an emissions-reduction goal for the next decade and the role of its carbon market, according to documents published Friday.

The measures are part of the 27-nation region’s plan to cut emissions by at least 55% from 1990 levels by 2030 and reach net zero by 2050. ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.