Forget Trump: Europe Plans to Push for More Ambition on Climate

July 9, 2018, 3:29 PM UTC

Trump or no Trump, the European Union is set to spur businesses to do more to meet the Paris climate accord goals.

Taking a long view and encouraging companies to front-load actions to cap future costs will be among the thrusts of the climate push for the bloc’s executive suites. In its longer-term strategy to be presented in November to achieve targets set under the Paris accord, the European Commission is considering options ranging from lowering greenhouse-gas discharges by 80 percent by 2050 compared with 1990 levels to net-zero emissions by mid-century.

“Having a 2050 perspective helps people accept more ...

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